Skip to main content

The influence of geography on the success of private equity: investments in listed equity

Buy Article:

$47.00 plus tax (Refund Policy)

This article analyses short-term and long-term wealth effects of private equity investments in target companies which are already listed on a stock exchange. It also examines the importance of geography on both stock returns and accounting returns. In general, risk-adjusted short-term and long-term stock returns of target companies are positive. Also, changes in accounting returns are greater for target companies than for companies of the same industry. With respect to geography it is found that almost all of the positive returns result from private equity investments in target companies from the same country.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
No Data/Media
No Metrics

Keywords: G14; G24; accounting returns; event study; private equity; stock returns

Document Type: Research Article

Affiliations: Department of Finance,Frankfurt School of Finance and Management, Sonnemannstr. 9-11, D-60314 Frankfurt am Main, Germany

Publication date: 2011-11-01

More about this publication?
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more