Private equity activity and corporate governance’s spillover

Purpose We examine the impact of private equity on corporate governance across industries and countries. Design/methodology/approach We gathered data from 15 countries and 16 industries spanning the period from 2005 to 2015 to construct an average corporate governance index and track private equity deals across both industries and countries. We analyze a country-industry-year panel dataset and address endogeneity issues. Findings The results indicate a strong and significant relationship between