Naslov
Private equity and venture capital in Central and East European countries vs. the rest of Europe

Autori
Pruchnicka-Grabias, Izabela

Izvornik
Meeting Global Challenges - Working Papers (1230-6444) No 25 (2008); 251-262

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
investment; private equity; venture capital

Sažetak
Private equity means investments on a private capital market that are linked with managing the company, leading towards generating mid and long term profits. They are a source of financing all development stages of a company. As far as venture capital is concerned, it is one kind of private equity and means investments made in early stages of firm’ s development that are aimed at starting up a company or its further expansion. This terms are often used in literature as substitutes. Venture capital becomes more and more popular way of attracting capital not only in the United States where it has started but also in Europe. It is due to its numerous advantages.The author analyses the private equity and venture capital investment and divestment types in Central and Eastern Europe and compares them to the rest of Europe. The paper shows that both investments and divestments forms are different in Central and Eastern Europe than in Europe. It is due to various stages of development of their economies. In order to make conclusions more general, the examined period covers three years, that is 2004, 2005 and 2006. The research is based on data reached from the European Private Equity & Venture Capital Association.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA