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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/36713
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Badunenko, Oleg | | en_US |
| dc.contributor.author | | Baum, Christopher F. | | en_US |
| dc.contributor.author | | Schäfer, Dorothea | | en_US |
| dc.date.accessioned | | 2010-04-06 | | en_US |
| dc.date.accessioned | | 2010-07-22T09:28:37Z | | - |
| dc.date.available | | 2010-07-22T09:28:37Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/36713 | | - |
| dc.description.abstract | | The paper investigates whether the presence and tenure of Private Equity (PE) investment in European companies improves their performance. Previous studies documented the unambiguous merit of a buyout during the 1980s and 1990s for listed firms in the US and UK markets. This study analyzes such influences in both listed and unlisted European firms during 2002-2007. Our analysis suggests that shortterm PE investments have, on average, a detrimental effect on firm performance. The performance of a firm that has PE backing is lower than that of a firm without PE backing in the first year of PE investment. Such an effect disappears if PE investments remain in the firm for an uninterrupted six-year term. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Deutsches Institut für Wirtschaftsforschung (DIW) Berlin | | en_US |
| dc.relation.ispartofseries | | Discussion papers // German Institute for Economic Research 990 | | en_US |
| dc.rights.accessrights | | info:eu-repo/semantics/openAccess | | - |
| dc.subject.jel | | M14 | | en_US |
| dc.subject.jel | | G24 | | en_US |
| dc.subject.jel | | G34 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Private equity financing | | en_US |
| dc.subject.keyword | | corporate finance | | en_US |
| dc.subject.stw | | Private Equity | | en_US |
| dc.subject.stw | | Unternehmensfinanzierung | | en_US |
| dc.subject.stw | | Dauer | | en_US |
| dc.subject.stw | | Unternehmensentwicklung | | en_US |
| dc.subject.stw | | Europa | | en_US |
| dc.title | | Does the tenure of private equity investment improve the performance of European firms? | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 623004666 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.relation.projectid | | info:eu-repo/grantAgreement/EC/FP7/217266 | | - |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW DIW-Diskussionspapiere
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