Purpose – Private equity funds invest in high‐risk projects and firms. One aspect of investing in small‐ to medium‐sized enterprises and in participating in buy‐out transactions is managing risk at the pre‐investment stage. The purpose of this paper is to document existing...

Purpose – The venture capital and private equity (VCPE) industry in India has grown significantly in recent years. During five‐year period 2004‐2008, the industry growth rate in India was the fastest globally and it rose to occupy the number three slot worldwide in terms of quantum of...

Purpose – The purpose of this paper is to examine the use of financial information and valuation methods among private equity funds in Europe and India. The authors analyze differences in the choice of valuation methods and how the use of financial information differs among funds in the UK,...

Zusammenfassung Fragestellung des Papieres ist, ob junge Unternehmen durch die Inanspruchnahme einer Beteiligungsfinanzierung (Untersuchungsgruppe) eine bessere unternehmerische Performance erzielen können im Vergleich zu einer „repräsentativen" Menge von nicht mit Beteiligungskapital...

Zusammenfassung Mobilität und Tourismus hängen zusammen; insofern werden auch die Treibhausgas-Emissionen im Tourismus maßgeblich vom Verkehr verursacht, wobei das Ausmaß der Treibhausgas-Emissionen vom gewählten Verkehrsmittel bei der Anreise abhängt. Für die Anreise der...

Purpose – The paper aims to study the impact of cultural differences on the ownership structure of international joint ventures in China. It is reasoned that foreign investors, when faced with larger culture‐related investment uncertainties, may have the incentive to acquire more control...

Purpose – The purpose of this paper is to observe the investor relations (IR) process from the perspective of media sociologists. Design/methodology/approach – The focus of the piece is the changing role of the financial news media in equities markets. It is based on two lengthy periods of...

Purpose – The aim of this paper is to identify why the historically observed equity risk premium is larger than most researchers believe is reasonable. Whilst equity is undoubtedly riskier than government issued securities, the extent of the realised premium on equity has been characterised as...