Private Equity: Transformation or Tax Evasion?

The private equity industry has grown immensely during the last three decades. It is a global phenomenon, making private equity firms important owners of corporate assets. So far, the industry has shown no signs of slowing down, and the trend is likely to continue into the future. However, as private equity buyouts are often controversial, there is a need for research about their real economic consequences, such as effects on firms and workers.