文章基本信息

标题：Private Equity and Venture Capital: an Empirical Analysis of Investment and Divestments Activity in the Cee Region in the Time of the Economic Crisis
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作者：Marek Zinecker ; Marek Zinecker ; Tomáš Meluzín 等
期刊名称：Equilibrium. Quarterly Journal of Economics and Economic Policy
印刷版ISSN：1689-765X
电子版ISSN：2353-3293
出版年度：2011
卷号：6
期号：2
页码：47-64
DOI：10.12775/EQUIL2011.011
语种：English
出版社：Institute of Economic Research
摘要：The paper deals with the analysis of the private equity and venture capital invest ment and divestment trends and activities on the European market, particularly on the market of Central and Eastern Europe (CEE), in times of economic crises 2007–2009. The analysis is based on the data published by the European Private Equity and Venture Capital Associ_x005f?ation (EVCA), the Czech Private Equity and Venture Capital Association (CVCA) and the Bundesverband Deutscher Kapitalbeteiligungsgesellschaften (BVK). The economic crisis in 2008–2009 caused a rapid cooling of the European market. Private equity and venture capital management companies located in Europe have decreased significantly both investment and divestment activity. The economic crisis on CEE market showed a delay and a lower intensity in comparison with Western Europe. CEE market is, however, underdeveloped. This argument is supported by the data indicating annual investment and divestment value, and number of companies received private equity financin.
关键词：Private Equity; Venture Capital; Investment Activity; Divestment Activity; IPO; CEE Region; Financial and Economic Crisis