東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

Private Equity in Portugal: An Analy...

Oliveira, Sandra.

FindBook

Google Book

Amazon

博客來

Private Equity in Portugal: An Analysis of Post-Exit Portfolio Companies Operating Performance and Capital Structure.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Private Equity in Portugal: An Analysis of Post-Exit Portfolio Companies Operating Performance and Capital Structure./
作者:	Oliveira, Sandra.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2013,
面頁冊數:	48 p.
附註:	Source: Masters Abstracts International, Volume: 85-11.
Contained By:	Masters Abstracts International85-11.
標題:	Investments. -
電子資源:	https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30966536
ISBN:	9798382404530

Private Equity in Portugal: An Analysis of Post-Exit Portfolio Companies Operating Performance and Capital Structure.
Oliveira, Sandra.

Private Equity in Portugal: An Analysis of Post-Exit Portfolio Companies Operating Performance and Capital Structure. - Ann Arbor : ProQuest Dissertations & Theses, 2013 - 48 p.

Source: Masters Abstracts International, Volume: 85-11.

Thesis (M.A.)--Universidade do Porto (Portugal), 2013.

Over the last decade the private equity (PE) industry has experienced an important growing in the process of value creation in portfolio companies. However, in Portugal, this process seems not to be yet sufficiently developed in many aspects.Although all stages (entry, holding and exit) of the PE process are important, it is also very important to understand whether portfolio companies continue to sustain themselves and generate value/growth for all its stakeholders after the PE investor leaves the company.Despite the vast literature on the topic about the impact of value creation by the PE activity during the holding stage, there are no studies about the impact of PE after an exit strategy in Portugal, in terms of operational performance and capital structure.This dissertation seeks to fill this gap and develop a deepen study about this subject on the Portuguese companies. We intend to analyse the impact of the PE exit on the operating performance of Portuguese PE industry, using a self-collected sample of 30 companies exited (disinvested) by a PE between 2005 and 2012.The results show that target companies experienced a significant increase in their total assets and turnover after PE leaves the company. However, the target companies faced a decrease in earnings before interest, taxes, depreciations and amortizations (EBITDA) and a deterioration of the operating performance measures. The worst operating performances persist even after being adjusted for industry changes, suggesting that this can only be very partially explained by time and industry effects.

ISBN: 9798382404530Subjects--Topical Terms:

566987
Investments.

Private Equity in Portugal: An Analysis of Post-Exit Portfolio Companies Operating Performance and Capital Structure.
LDR:02689nmm a2200361 4500 001 2400643
005 20240930105251.5
006 m o d
007 cr#unu||||||||
008 251215s2013 ||||||||||||||||| ||eng d
020 $a 9798382404530
035 $a (MiAaPQ)AAI30966536
035 $a (MiAaPQ)Portugal1021677278
035 $a AAI30966536
040 $a MiAaPQ $c MiAaPQ
100 1 $a Oliveira, Sandra. $3 3770695
245 1 0 $a Private Equity in Portugal: An Analysis of Post-Exit Portfolio Companies Operating Performance and Capital Structure.
260 1 $a Ann Arbor : $b ProQuest Dissertations & Theses, $c 2013
300 $a 48 p.
500 $a Source: Masters Abstracts International, Volume: 85-11.
500 $a Advisor: Sousa, Miguel Augusto Gome.
502 $a Thesis (M.A.)--Universidade do Porto (Portugal), 2013.
520 $a Over the last decade the private equity (PE) industry has experienced an important growing in the process of value creation in portfolio companies. However, in Portugal, this process seems not to be yet sufficiently developed in many aspects.Although all stages (entry, holding and exit) of the PE process are important, it is also very important to understand whether portfolio companies continue to sustain themselves and generate value/growth for all its stakeholders after the PE investor leaves the company.Despite the vast literature on the topic about the impact of value creation by the PE activity during the holding stage, there are no studies about the impact of PE after an exit strategy in Portugal, in terms of operational performance and capital structure.This dissertation seeks to fill this gap and develop a deepen study about this subject on the Portuguese companies. We intend to analyse the impact of the PE exit on the operating performance of Portuguese PE industry, using a self-collected sample of 30 companies exited (disinvested) by a PE between 2005 and 2012.The results show that target companies experienced a significant increase in their total assets and turnover after PE leaves the company. However, the target companies faced a decrease in earnings before interest, taxes, depreciations and amortizations (EBITDA) and a deterioration of the operating performance measures. The worst operating performances persist even after being adjusted for industry changes, suggesting that this can only be very partially explained by time and industry effects.
590 $a School code: 5896.
650 4 $a Investments. $3 566987
650 4 $a Divestments. $3 3564646
650 4 $a Investors. $3 3544951
650 4 $a European studies. $3 3168420
650 4 $a Finance. $3 542899
690 $a 0272
690 $a 0310
690 $a 0440
690 $a 0508
690 $a 0454
710 2 $a Universidade do Porto (Portugal). $3 3348738
773 0 $t Masters Abstracts International $g 85-11.
790 $a 5896
791 $a M.A.
792 $a 2013
793 $a English
856 4 0 $u https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30966536