The Impact of the Macroeconomic and Institutional Environment on LBO Fundraising

Basma Henchiri
Basma Henchiri

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The Impact of the Macroeconomic and Institutional Environment on LBO Fundraising

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Abstract

The most past studies, analyzing the venture capital investments concluded a strong correlation between macro-economic, institutional and entrepreneurial conditions as well as divestment strategies. The purpose of this study is to find out the economic impact of macroeconomic environment and institutional quality on LBO fundraising, using a panel dataset of 19 European countries over 2001-2010. The empirical results confirm the importance of some factors and show that the unemployment rate, interest rate, trade sale and IPO divestments are important determinants in the European LBO market.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Basma Henchiri. 2016. \u201cThe Impact of the Macroeconomic and Institutional Environment on LBO Fundraising\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 16 (GJMBR Volume 16 Issue C8).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-C Classification JEL Code: B22
Version of record

v1.2

Issue date
December 10, 2016

Language
en
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The Impact of the Macroeconomic and Institutional Environment on LBO Fundraising

Basma Henchiri
Basma Henchiri

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