Private Equity: Antecedents, Outcomes, Mediators, and Moderators

Patia McGrath*, Atul Nerkar

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

8 Citations (Scopus)

Abstract

As private equity’s financial heft and influence on the business landscape has intensified, so too has scholarly interest in the phenomenon. We review recent progress in private equity research, with a focus on the private equity industry’s later-stage buyout segment. To synthesize and integrate current findings, we construct a framework that encompasses not only antecedents and outcomes of private equity’s activities, but also mediators and moderators of the relationships that drive these outcomes. Based upon the gaps and learning opportunities that are surfaced by this framework, we develop recommendations for future private equity research. The proposed research agenda is particularly germane to management scholars, whose theories and perspectives have thus far been productively, yet relatively sparingly, applied in private equity research.
Original languageEnglish
Pages (from-to)158-195
Number of pages38
JournalJournal of Management
Volume49
Issue number1
DOIs
Publication statusPublished - Jan 2023
Externally publishedYes

Bibliographical note

Publisher Copyright:
© The Author(s) 2022.

Research programs

  • RSM S&E

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