The Impact of Private Equity Investments on Portfolio Companies PDF
By:Stefan Albust
Published on 2019-04-16 by
Master's Thesis from the year 2019 in the subject Business economics - Investment and Finance, grade: 1,2, Durham University, language: English, abstract: This dissertation takes up the private equity topic and analyzes its impact on the employees of the portfolio companies. As there has been no detailed research done so far on the German market, this paper focuses on the impact on German companies which were taken over by a private equity house. It is assumed that the investment of a private equity company leads to an increase in the number of employees (H1) as well as their average wages (H2). These hypotheses are based on the performed literature review which shows a rather diverse picture with a slight trend towards the advantages of private equity investments. The private equity industry is growing and therefore its importance is increasing as well. However, the reputation of private equity investors is not always positive and some harmful examples confirm this picture in the broader market. The negative history subsequently led to an increasing regulatory environment. Nevertheless, private equity financing has also many advantages for the portfolio companies such as the solution of succession concerns, additional equity financing and added external know-how. By analyzing five private equity owned companies from different industries in Germany and benchmarking them against their local main competitor as well as testing the results against their statistical significance, interesting results appear. On the one hand, H1 needs to be rejected as in 60% of the analyzed companies the number of staff decreased after the investment of a private equity company. On the other hand, H2 can be confirmed as the average wages of the remaining employees increased in 80% of the observed companies and also evolved better compared to their non-private equity backed peers. Additionally, this dissertation shows that the second year after the takeover (T+2) is rater special and re
This Book was ranked at 5 by Google Books for keyword Private Equity.
Book ID of The Impact of Private Equity Investments on Portfolio Companies's Books is nEF9xgEACAAJ, Book which was written byStefan Albusthave ETAG "UJj7oELhaQU"
Book which was published by since 2019-04-16 have ISBNs, ISBN 13 Code is 9783668949393 and ISBN 10 Code is 3668949395
Reading Mode in Text Status is false and Reading Mode in Image Status is false
Book which have "82 Pages" is Printed at BOOK under Category
Book was written in en
eBook Version Availability Status at PDF is falseand in ePub is false
Book Preview
Download The Impact of Private Equity Investments on Portfolio Companies PDF Free
Download The Impact of Private Equity Investments on Portfolio Companies Book Free
Download The Impact of Private Equity Investments on Portfolio Companies Free
Download The Impact of Private Equity Investments on Portfolio Companies PDF
Download The Impact of Private Equity Investments on Portfolio Companies Book
How to Download The Impact of Private Equity Investments on Portfolio Companies Book
How to Download The Impact of Private Equity Investments on Portfolio Companies
How to Download The Impact of Private Equity Investments on Portfolio Companies pdf
How to Download The Impact of Private Equity Investments on Portfolio Companies free
Free Download The Impact of Private Equity Investments on Portfolio Companies
