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Business Angels: Unternehmensfinanzierung mit Venture Capital

Business Angels: Unternehmensfinanzierung mit Venture Capital

          
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About the Book

Studienarbeit aus dem Jahr 2009 im Fachbereich BWL - Investition und Finanzierung, Note: 1,3, FOM Hochschule für Oekonomie & Management gemeinnützige GmbH, Neuss früher Fachhochschule, Veranstaltung: International Finance & Accounting, Sprache: Deutsch, Abstract: Die Eigenkapitalausstattung deutscher Unternehmen im internationalen Vergleich liegt auf einem niedrigen Niveau. Gründe hierfür könnten in der Gestaltung des Kapitalmarktes liegen, aber auch in der deutschen Managementkultur. Fakt ist, dass eine niedrige Eigenkapitalquote für die Aufnahme von Fremdkapital ungünstig ist. Wenig haftendes Eigenkapital erhöht das Risiko für den Kapitalgeber, verschlechtert somit die Konditionen für den Kapitalnehmer und schränkt gleichzeitig die Kreditvergabe in hohem Maße ein. Diese Arbeit betrachtet die Möglichkeit der Finanzierung junger Unternehmen mit Eigenkapital, das durch private Investoren bereitgestellt wird. Fokus ist primär die Funktionsweise und den Ablauf einer Venture Capital Finanzierung durch Business Angels und deren Motive. Diese Möglichkeit soll ferner aufzeigen, in wie weit es sich als Alternative zur Fremdkapitalfinanzierung anbietet und wie der deutsche Markt im internationalen Vergleich positioniert ist. Die Entwicklung wachstumsstarker und innovativer Unternehmen erfordert in vielen Fällen Kapitalbeträge, die deutlich über die persönlichen finanziellen Möglichkeiten der Gründer bzw. Unternehmer hinausgehen. Öffentliche Fördermittel stehen nur in begrenztem Umfang zur Verfügung und eine Fremdfinanzierung wird häufig durch nicht ausreichende Sicherheiten eingeschränkt. Daher bietet sich für den Unternehmer die Möglichkeit einer Beteiligungsfinanzierung durch unternehmensfremde Eigenkapitalinvestoren an. Besonders für junge Unternehmen, die sich noch in der Wachstumsphase befinden, aber auch für größere mittelständische Unternehmen stellt ein Börsengang als Instrument der Eigenkapitalbeschaffung über den Kapitalmarkt meist keine Alternative dar. Di


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Product Details
  • ISBN-13: 9783640451463
  • Publisher: Grin Publishing
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 2 mm
  • Weight: 50 gr
  • ISBN-10: 3640451465
  • Publisher Date: 20 Oct 2009
  • Height: 210 mm
  • No of Pages: 30
  • Series Title: German
  • Sub Title: Unternehmensfinanzierung mit Venture Capital
  • Width: 148 mm


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