FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1747282007> ?p ?o ?g. }

• W1747282007 abstract "PURPOSEThe purpose of this paper is to investigate how private equity backed IPOs perform once they go public. That is, to investigate whether or not these private equity firms have created highly competitive, high performance portfolio companies and to see if the portfolio companies are able to retain those qualities even after going public. These results are then to be compared with previous research done on the general IPO and its short- and long-term performance. It also sets out to measure what effect M&A-activity during the fund holding period may have on the fund companies after being exited onto the public market. METHODOLOGYThe performance of the private equity-backed IPOs has been measured as the abnormal return using two methods, cumulative abnormal returns and buy-and-hold abnormal returns. Two types of benchmarks have been used, S&P Europe 350 as well as an industry-specific version of that index. LITERATURE REVIEWTheories used in this study are based partially on previous research on the private equity industry as well as general IPO theory, such as long-term underperformance and the “hot issue” anomaly. Some M&A-theory has also been used to explain the effects of M&Aactivity, with regards to e.g. indigestion. EMPIRICAL FOUNDATIONThis quantitative study is based on a raw sample of 318 private equity-backed IPOs in Europe during the period 1994 2007. These IPOs outperformed both its industry peers as well as the market with 18.02% and 14.75%, respectively, on a three-year basis. CONCLUSIONSPrivate equity-backed IPOs perform abnormal returns, both shortand long-term. This goes against previous research on the general IPO, which outperforms the market short-term and underperforms long-term. However, it is in line with previous research on reversed LBOs." @default.
• W1747282007 created "2016-06-24" @default.
• W1747282007 creator A5071796721 @default.
• W1747282007 date "2011-01-01" @default.
• W1747282007 modified "2023-09-24" @default.
• W1747282007 title "The Performance of Private Equity-backed IPOs and the Effect of M&A-activity - A European Study" @default.
• W1747282007 cites W109440640 @default.
• W1747282007 cites W148329840 @default.
• W1747282007 cites W1484413988 @default.
• W1747282007 cites W1489956968 @default.
• W1747282007 cites W1510743214 @default.
• W1747282007 cites W1517605942 @default.
• W1747282007 cites W1518646955 @default.
• W1747282007 cites W1593667786 @default.
• W1747282007 cites W1858958351 @default.
• W1747282007 cites W1983504282 @default.
• W1747282007 cites W1991333212 @default.
• W1747282007 cites W2012052113 @default.
• W1747282007 cites W2030121826 @default.
• W1747282007 cites W2030367344 @default.
• W1747282007 cites W2039737920 @default.
• W1747282007 cites W2041790104 @default.
• W1747282007 cites W2043159738 @default.
• W1747282007 cites W2053570301 @default.
• W1747282007 cites W2063595428 @default.
• W1747282007 cites W2064067537 @default.
• W1747282007 cites W2064688508 @default.
• W1747282007 cites W2087865081 @default.
• W1747282007 cites W2091808588 @default.
• W1747282007 cites W2093066854 @default.
• W1747282007 cites W2109530108 @default.
• W1747282007 cites W2119621677 @default.
• W1747282007 cites W2120875113 @default.
• W1747282007 cites W2121308228 @default.
• W1747282007 cites W2131055507 @default.
• W1747282007 cites W2137317336 @default.
• W1747282007 cites W2148198877 @default.
• W1747282007 cites W2153524047 @default.
• W1747282007 cites W2154585860 @default.
• W1747282007 cites W2156109180 @default.
• W1747282007 cites W2185945987 @default.
• W1747282007 cites W2226240940 @default.
• W1747282007 cites W2262309301 @default.
• W1747282007 cites W2339067589 @default.
• W1747282007 cites W25626372 @default.
• W1747282007 cites W2735530624 @default.
• W1747282007 cites W2752617332 @default.
• W1747282007 cites W2884370105 @default.
• W1747282007 cites W2951821370 @default.
• W1747282007 cites W3007102198 @default.
• W1747282007 cites W3022201415 @default.
• W1747282007 cites W3121131820 @default.
• W1747282007 cites W3123146197 @default.
• W1747282007 cites W3123430604 @default.
• W1747282007 cites W3124463244 @default.
• W1747282007 cites W3125074990 @default.
• W1747282007 cites W614269925 @default.
• W1747282007 cites W78562039 @default.
• W1747282007 cites W3140039958 @default.
• W1747282007 hasPublicationYear "2011" @default.
• W1747282007 type Work @default.
• W1747282007 sameAs 1747282007 @default.
• W1747282007 citedByCount "0" @default.
• W1747282007 crossrefType "journal-article" @default.
• W1747282007 hasAuthorship W1747282007A5071796721 @default.
• W1747282007 hasConcept C10138342 @default.
• W1747282007 hasConcept C106159729 @default.
• W1747282007 hasConcept C121955636 @default.
• W1747282007 hasConcept C12559387 @default.
• W1747282007 hasConcept C144133560 @default.
• W1747282007 hasConcept C161473905 @default.
• W1747282007 hasConcept C162324750 @default.
• W1747282007 hasConcept C17744445 @default.
• W1747282007 hasConcept C178297102 @default.
• W1747282007 hasConcept C199539241 @default.
• W1747282007 hasConcept C199728807 @default.
• W1747282007 hasConcept C202093079 @default.
• W1747282007 hasConcept C2780821815 @default.
• W1747282007 hasConcept C556758197 @default.
• W1747282007 hasConcept C71110296 @default.
• W1747282007 hasConcept C93236110 @default.
• W1747282007 hasConceptScore W1747282007C10138342 @default.
• W1747282007 hasConceptScore W1747282007C106159729 @default.
• W1747282007 hasConceptScore W1747282007C121955636 @default.
• W1747282007 hasConceptScore W1747282007C12559387 @default.
• W1747282007 hasConceptScore W1747282007C144133560 @default.
• W1747282007 hasConceptScore W1747282007C161473905 @default.
• W1747282007 hasConceptScore W1747282007C162324750 @default.
• W1747282007 hasConceptScore W1747282007C17744445 @default.
• W1747282007 hasConceptScore W1747282007C178297102 @default.
• W1747282007 hasConceptScore W1747282007C199539241 @default.
• W1747282007 hasConceptScore W1747282007C199728807 @default.
• W1747282007 hasConceptScore W1747282007C202093079 @default.
• W1747282007 hasConceptScore W1747282007C2780821815 @default.
• W1747282007 hasConceptScore W1747282007C556758197 @default.
• W1747282007 hasConceptScore W1747282007C71110296 @default.
• W1747282007 hasConceptScore W1747282007C93236110 @default.
• W1747282007 hasLocation W17472820071 @default.
• W1747282007 hasOpenAccess W1747282007 @default.
• W1747282007 hasPrimaryLocation W17472820071 @default.

• next