Research on the Relationship between Private Equity Funds Activity and M&A Market in Central and Eastern Europe and Bulgaria

cris.sourceIdoai:journals.unwe.bg:article/762
dc.creatorDimitrov, Nikolaien
dc.date2013-08-29
dc.date.accessioned2026-09-24T23:15:26Z
dc.date.available2026-09-24T23:15:26Z
dc.descriptionPrivate equity funds are alternative instrument for financing international M&A deals on a global scale. Their activity in Central and Eastern Europe follows the global trends but with several regional specifics. This instrument has potential to complement the infrastructure of the financial market in Bulgaria.The current research aims to present the dynamics of private equity funds’ activity in Central and Eastern Europe and Bulgaria for the period 2003-2011. The thesis defended is that the private equity funds have significant role as an alternative for financing international M&A deals. Multifactor regression analysis is used as a quantitative research method. The independent variables are selected to correspond to the private equity funds’ activity and to the specifics of the country’s economy-these are the volume of M&A deals in Bulgaria, the dynamics of GDP and loan activity of the bank sector for the period 2003-2011.The results of the research confirm its aim. The activity of the private equity funds in Bulgaria are positively correlated to the volume of M&A deals and the loan activity of the bank sector for the period. This relationship follows the basic economic logic of the operational specifics and activity of private equity funds. The expectations that private equity trends in Bulgaria follow these in Central and Eastern Europe are confirmed.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/762
dc.identifier10.37075/RP.2013.2.03
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/1803
dc.languagebg
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/762/754
dc.rightsCopyright (c) 2013 Nikolai Dimitrov (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 2 (2013); 82-111en
dc.subjectPrivate equity fundsen
dc.subjectMergers and acquisitionsen
dc.subjectFinancial sectoren
dc.subjectCorrelationen
dc.subjectFinancial sponsorsen
dc.subjectLoan activityen
dc.subjectGDPen
dc.subjectG24 - Investment Banking • Venture Capital • Brokerage • Ratings and Ratings Agenciesen
dc.subjectG34 - Mergers • Acquisitions • Restructuring • Corporate Governanceen
dc.titleResearch on the Relationship between Private Equity Funds Activity and M&A Market in Central and Eastern Europe and Bulgariaen
dc.typePeer-reviewed Articleen

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