Key points are not available for this paper at this time.
Mike Wright, Robert E. Hoskisson, Lowell W. Busenitz, Jay Dial, Entrepreneurial Growth through Privatization: The Upside of Management Buyouts, The Academy of Management Review, Vol. 25, No. 3 (Jul., 2000), pp. 591-601
Wright et al. (Sat,) studied this question.