Naslov
Private equity determinants evidence from selected CEE countries

Autori
Bingula, Ante ; Pepur, Sandra ; Šimić Šarić, Marija

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of 11th international scientific symposium Region, Entrepreneurship, Development (RED 2022) / Leko Šimić, Mirna - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2022, 73-85

Skup
11th international scientific symposium Region, Entrepreneurship, Development (RED 2022)

Mjesto i datum
Osijek, Hrvatska, 09.06.2022. - 11.06.2022

Vrsta sudjelovanja
Ostalo

Vrsta recenzije
Recenziran

Ključne riječi
private equity ; determinants ; Poland ; Czech Republic ; Croatia

Sažetak
Private equity is one of the alternatives to bank financing and has become increasingly important and present in the global financial markets. However, the level of private equity in European countries is still much lower than in the US. To identify the main barriers to the success of private equity, it is necessary to identify the key drivers and how they affect collection funds through this source. As European countries are heterogeneous, it is expected that there are differences between main private equity determinants and their respective influence. This research aims to study which determinants and to what extent affect the level of private equity investment in three selected countries - Poland, the Czech Republic, and Croatia from 2009 to 2019. Multiple linear regression was carried out to examine the impact of economic activity, unemployment, interest rates, market capitalization, corruption, and economic freedom on the level of private equity investment. The results indicate that interest rates, unemployment, and corruption index affect private equity investments in Poland, while the GDP growth rate, inflation, corruption, and economic freedoms affect private equity investments in the Czech Republic, and only GDP per capita has a statistically significant impact on private equity investments in Croatia.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA