Plausibly Exogenous [1020] - Proximity (11/16/2022)
Exit success
RHS Variable
Proximity between firms and investors
Source of Exogenous Variation
Variation in effective proximity following the signing of “open sky agreements” between the United States and target firms’ home countries
- Chemmanur, Hull, and Krishnan (2020), “Cross-Border LBOs, Human Capital, and Proximity: Value Addition through Monitoring in Private Equity Investments”