Private Equity Investments Drivers and Performance Implications of Investment Cycles
Private equity experienced dramatic fluctuations in investment activity in line with the turbulences of financial markets in recent years. Claudia Sommer develops a theoretical framework of factors driving private equity investment activity and the resulting performance implications. Using a data se...
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| Format: | eBook |
| Language: | English |
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Wiesbaden
Springer Fachmedien Wiesbaden
2013, 2013
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| Edition: | 1st ed. 2013 |
| Series: | Schriften zum europäischen Management
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| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
| Summary: | Private equity experienced dramatic fluctuations in investment activity in line with the turbulences of financial markets in recent years. Claudia Sommer develops a theoretical framework of factors driving private equity investment activity and the resulting performance implications. Using a data set of more than 40,000 European transactions, she applies a variety of econometrical approaches and shows how neoclassical aspects, information asymmetries, agency conflicts, and market timing contribute to the dynamics in the private equity market. In a performance analysis of more than 1,300 European funds she reveals the resulting performance implications |
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| Physical Description: | XXVIII, 301 p. 25 illus online resource |
| ISBN: | 9783658002343 |