Evaluation of the Impact of Private Equity Investments on Companies’ Financial Performance

Chen Huang

Master's thesis

Anotácia:

Private equity market as one of new components in Chinese financial market gets more and more attentions during the development of private equity. Private equity is composed of funds and investors that directly invest in private companies, or that engage in buyouts of public companies, resulting in the delisting of public equity. The aim of this thesis is to evaluate the impact of private equity on companies’ financial performance in Chinese market. In this thesis, the second chapter is an introduction of overview of private equity. The methodology of econometrics methods is described in the third chapter. The forth chapter is the application part which is focused on the evaluation of the impact of private equity on companies’ financial performance. Based on the results if this work, we can conclude that private equity investment can have positive effect on the companies’ performance.

Abstract:

Private equity market as one of new components in Chinese financial market gets more and more attentions during the development of private equity. Private equity is composed of funds and investors that directly invest in private companies, or that engage in buyouts of public companies, resulting in the delisting of public equity. The aim of this thesis is to evaluate the impact of private equity on companies’ financial performance in Chinese market. In this thesis, the second chapter is an introduction of overview of private equity. The methodology of econometrics methods is described in the third chapter. The forth chapter is the application part which is focused on the evaluation of the impact of private equity on companies’ financial performance. Based on the results if this work, we can conclude that private equity investment can have positive effect on the companies’ performance.

Kľúčové slová

Private equity, financial performance, IPO, econometrics, capital market, regression analysis

Keywords

Private equity, financial performance, IPO, econometrics, capital market, regression analysis

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 21. 4. 2017

Obhajoba závěrečné práce

• Obhajoba proběhla 24. 5. 2017
• Vedúci: Martina Novotná
• Oponent: Josef Novotný

VŠB - Technical University of Ostrava

Ekonomická fakulta

Master programme / odbor:
Hospodářská politika a správa / Finance