abstract:Charles Stanford (April 26, 1819 Watervliet (now Colonie), Albany County, New York – August 24, 1885) was an American merchant, newspaper publisher and politician from New York.
Charles O'Reilly, at Stanford Business School, points out that this cast of mind may suit some employers at deal-oriented investment banks, for instance, or young Internet companies intent on selling out.
Generous compensation plans and perks might be put in place because buyout firms need to maintain good relationships with corporate managers, who choose which firm will take them private and then eventually public again, says Michael Klausner, Nancy and Charles Munger professor of business and professor of Law at Stanford University.