Work

Exit routes, investor type, and the Covid-19 crisis: Insights from UK equity-funded companies

Year: 2024

Type: article

Abstract: Using a sample of UK equity funded companies, we examine differences in the exit strategy of companies funded by distinct investor types and operating in various technology intensive sectors during a period of crisis. Our results corroborate the hypothesis that investor involvement through oversight and imparting expertise augments the likelihood of favourable outcomes. This is particularly evident in high technology sectors. We observe increased exit activity amidst the crisis and notable disparities, contingent upon investor type, concerning chosen exit pathways.

Source: Economics Letters

DOI: 10.1016/j.econlet.2024.111904

Authors: Marek Kacer, Nicholas Wilson, Sana Zouari

Institution: University of Leeds

Language: English

Topic: Private Equity and Venture Capital

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $2,980