European Business Schools Librarian's Group

HEC Research Papers Series,
HEC Paris

No 825: Interest alignment and firm performance

Oliver Gottschalg () and Degenhard Meier

Abstract: This study derives testable hypotheses from their framework and thus provides an empirical test of interest alignment theory based on a sample of 69 management buyouts in the UK. The results of the multivariate regression model suggest that in this setting, interest alignment does have a significant influence on firm performance.

Keywords: competitive advantage; interest alignment; motivation; buyouts

JEL-codes: M10

25 pages, January 1, 2005

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