Kohlberg Kravis Roberts & Co. and the Restructuring of American Capitalism
研究了KKR在1980年代利用反垄断、养老金等政策变化，通过有限合伙和股权激励等创新，主导大规模杠杆收购并挑战管理层控制企业的过程。
Kohlberg Kravis Roberts & Co. (KKR) played the lead role in pursuing large-scale leveraged buyouts in the U.S. market for corporate control in the 1980s by taking advantage of investment opportunities created by three decades of public policies regarding antitrust, pensions, corporate governance, and banking. KKR's innovations were its ability to overcome investors' collective action and monitoring problems by arranging takeovers through limited partnerships and by managing acquired firms through shared equity ownership with management. These organizational innovations, when combined with the financial changes of the 1980s, allowed KKR and its investor-controlled associations to challenge managerially controlled firms.