Hi Everybody! Interesting paper, 29 pages. Below quote from page 16.
http://www.eurodad.org/uploadedFiles/Whats_New/Reports/Capital_flight_report.pdf > Effects of HF and PE on workers’ rights and decent work59 > Effects on jobs, wages and work organisation by LBOs and HFs have > been substantial, if little understood by the general public or some > policymakers apparently ‘dealing’ with this phenomenon. It is often > alleged in the business news pages that PE funds have triggered > considerable corporate growth and created many new jobs. However, we > are not aware of any serious academic findings that would support > this position. Academic studies carried out to date have for the most > part been commissioned by groups of investors. They suffer from a > lack of representation and are based on scientifically assailable > methods and often they wrongly compare various sorts of PE, including > venture capital funds. > In the case study of the company Friedrich Grohe in Germany, it is > described how 770 jobs are to be cut. -- Regards, Pete http://pete-theisen.com/ _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
