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This is a survey of the literature on liquidity provision through banks. I first formulate the basic model underlying … the modern literature on liquidity provision for households and then introduce the more recent literature on liquidity … provision through banks and markets. Then I turn to liquidity provision on the asset side of banks' balance sheets and conclude …
Persistent link: https://www.econbiz.de/10005650131
The paper focuses on a special type of ownership transformation that characterizes the life cycle of companies in the venture capital industry in Hungary. These types of transformation are frequently realized by mergers and buyouts. The special characteristics of the biggest transactions in the...
Persistent link: https://www.econbiz.de/10011944912
The entire venture capital sector of Central and Eastern Europe is characterised by the increased weight of state resources. The strengthening of public activities is mainly due to the new type of equity schemes introduced in the European Union's 2007 to 2013 programming period, which allowed...
Persistent link: https://www.econbiz.de/10011444408
-stage ventures. At the same time, alternative sources of financing early-stage companies increased. Alternative sources of funding …
Persistent link: https://www.econbiz.de/10012290301
Venture capital and private equity financing has become an important mechanism for the development and radical transformation of companies worldwide in recent decades. Nevertheless, the venture capital and private equity sector covers only a relatively small proportion of economic activity...
Persistent link: https://www.econbiz.de/10012604922
government to finance startups is not by providing funds directly to companies, but by acting as a catalyst for funding by …
Persistent link: https://www.econbiz.de/10012604950
The current downturn in the American and Western European economies, combined with increasing regulatory pressure on private equity throughout the developed world, made emerging markets an attractive destination for private equity. As part of the emerging markets, Central and Eastern Europe's...
Persistent link: https://www.econbiz.de/10010494386
The actors of economy and politics all over the world have long debated about the effect private equity investments make on economy. The debate focuses on the effect of a narrow group of private equity investments, namely, Leveraged Buyouts (LBO), while nobody questions the positive impact of...
Persistent link: https://www.econbiz.de/10010494405
Due to the 2008 global financial crisis the position of the private equity sector has weakened. The number and the value of new transactions have dropped together with the volume of the raised funds. Credit shares have also decreased in the financing of the transactions. Exiting from the...
Persistent link: https://www.econbiz.de/10010494446
Persistent link: https://www.econbiz.de/10010494481