Publication detail

Private equity and venture capital: An empirical Analysis of investment and Divestments activity in the CEE Region in the time of the economic crisis

ZINECKER, M. MELUZÍN, T.

Original Title

Private equity and venture capital: An empirical Analysis of investment and Divestments activity in the CEE Region in the time of the economic crisis

Type

journal article - other

Language

English

Original Abstract

The paper deals with the analysis of the private equity and venture capital investment and divestment trends and activities in the European market, particularly in the market of Central and Eastern Europe (CEE), in times of economic crises 2007-2009. The analysis is based on data published by the European Private Equity and Venture Capital Association (EVCA), the Czech Private Equity and Venture Capital Association (CVCA) and the Bundesverband Deutscher Kapitalbeteiligungsgesellschaften (BVK). The economic crisis caused in 2008-2009 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 data indicating annual investment and divestment value and number of companies received private equity financing.

Keywords

Private Equity, Venture Capital, Investment Activity, Divestment Activity, IPO, CEE Region, Financial and Economic Crisis

Authors

ZINECKER, M.; MELUZÍN, T.

RIV year

2011

Released

31. 12. 2011

Publisher

Polish Economic Society Branch in Toruń

Location

Toruń

ISBN

1689-765X

Periodical

Equilibrium

Year of study

6

Number

2

State

Republic of Poland

Pages from

47

Pages to

61

Pages count

14

URL

http://apcz.umk.pl/czasopisma/index.php/EQUIL/article/view/EQUIL2011.011

Full text in the Digital Library

http://hdl.handle.net/11012/70179

BibTex

@article{BUT91584,
  author="Marek {Zinecker} and Tomáš {Meluzín}",
  title="Private equity and venture capital: An empirical Analysis of investment and Divestments activity in the CEE Region in the time of the economic crisis",
  journal="Equilibrium",
  year="2011",
  volume="6",
  number="2",
  pages="47--61",
  doi="10.12775/EQUIL2011.011",
  issn="1689-765X",
  url="http://apcz.umk.pl/czasopisma/index.php/EQUIL/article/view/EQUIL2011.011"
}