True, false, or It depends on . . .? a. Carve-out or spin-off of a division improves
Question:
True, false, or “It depends on . . .”?
a. Carve-out or spin-off of a division improves incentives for the division’s managers.
b. Private-equity partnerships have limited lives. The main purpose is to force the general partners to seek out quick payback investments.
c. Managers of private-equity partnerships have an incentive to make risky investments.
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