Private Equity at Work : When Wall Street Manages Main Street by Eileen Appelbaum and Rosemary Batt (2014, Trade Paperback)
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These actions often lead to financial distress and a disproportionate focus on cost-cutting, outsourcing, and wage and benefit losses for workers, especially if they are unionized. These include policies to improve transparency and accountability, as well as changes that would reduce the excessive use of financial engineering strategies by firms.