Essays about: "Marvin Stenersen"

Found 1 essay containing the words Marvin Stenersen.

  1. 1. Did Private Equity-Backed Firms Outperform Operationally During Covid-19?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Boris Bojovic; Marvin Stenersen; [2023]
    Keywords : Private equity; Covid-19; Operational improvements; PE-backed;

    Abstract : Do private equity (PE) backed companies perform better operationally in a non-financial crisis? By analyzing PE-backed firms in the UK during Covid-19 using fixed effects difference-in-differences, our findings suggest that private equity-backed companies' performance decreased significantly more at the onset of the crisis and increased their leverage but recovered faster both with greater magnitude and significance. PE-backed companies thus seem to handle an operationally-sided crisis better over time but are more exposed to them initially. READ MORE