The Institutional Framework of Public Versus Private Capital Funding

Michael S. McLeod, Joshua B. Sears, Craig Galbraith, Greg Merrill, Alex F. DeNoble, Frank Barton School of Business, Wichita State University, Cameron School of Business, University of North Carolina Wilmington, Galbraith Economic and Forensic Sciences, Ten Mile, Fowler College of Business, San Diego State University

Group & Organization Management

Published online on August 29, 2025

Abstract

Group & Organization Management, Ahead of Print.
This study employs institutional theory to explore the funding tendencies of public and private capital. Specifically, we analyze the funding structures of private equity investors (private capital) and government agencies (public capital) to understand ...