As the closing case points out, the positive side private equity firms excel in all the following ways except:
a. They always send experts to sit on the board and are hands-on in managing.
b. They use a high level of debt that imposes strong financial discipline.
c. Private equity turns managers from agents to principals with substantial equity, thus providing a powerful incentive to them.
d. They pay managers more generously, but also punish failure more heavily.
e. They reduce income inequality between financiers and the rest of us.

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The Answer of As the closing case points out, the positive side private equity firms excel in all the following ways except:
a. They always send experts to sit on the board and are hands-on in managing.
b. They use a high level of debt that imposes strong financial discipline.
c. Private equity turns managers from agents to principals with substantial equity, thus providing a powerful incentive to them.
d. They pay managers more generously, but also punish failure more heavily.
e. They reduce income inequality between financiers and the rest of us.

As the Closing Case Points Out, the Positive Side Private