PT  - JOURNAL ARTICLE
AU  - Harlan D. Platt
AU  - Marjorie B. Platt
TI  - The Effects of Leverage, Management Discipline, and Cyclicality on Leveraged Buyout Failure
AID  - 10.3905/jai.1999.318933
DP  - 1999 Mar 31
TA  - The Journal of Alternative Investments
PG  - 28--42
VI  - 1
IP  - 4
4099  - https://pm-research.com/content/1/4/28.short
4100  - https://pm-research.com/content/1/4/28.full
AB  - Despite the impact of market conditions on the popularity and success of leveraged buyouts, research is also needed on conditions leading to the failure of LBOs. In this article, the impacts of leverage, management processes, and the business cycle are analyzed in regard to their association with the failure of LBOs.