The influence of geography on the success of private equity: investments in listed equity
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.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 21 (2011)
Issue (Month): 21 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RAFE20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RAFE20|
When requesting a correction, please mention this item's handle: RePEc:taf:apfiec:v:21:y:2011:i:21:p:1605-1615. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.