All Outputs (2)

Corporate cash holdings: causes and consequences (2015)
Journal Article
Amess, K., Banerji, S., & Lampousis, A. (2015). Corporate cash holdings: causes and consequences. International Review of Financial Analysis, 42, https://doi.org/10.1016/j.irfa.2015.09.007

The considerable growth in corporate cash holdings around the world has prompted scholarly interest. Consequently, there is now a large academic literature examining cash holdings and their impact on corporate outcomes and firm values. This article r... Read More about Corporate cash holdings: causes and consequences.

The impact of private equity on firms? patenting activity (2015)
Journal Article
Amess, K., Stiebale, J., & Wright, M. The impact of private equity on firms? patenting activity. European Economic Review, 86, https://doi.org/10.1016/j.euroecorev.2015.08.013

The paper analyses the impact of private equity (PE) backed leveraged buyouts (LBOs) on innovative output (patenting). Using a sample of 407 UK deals we find that LBOs have a positive causal effect on patent stock and quality-adjusted patent stock. O... Read More about The impact of private equity on firms? patenting activity.