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Private Equity und Venture Capital als Finanzierungsinstrument für mittelständische Unternehmen und Anlagemöglichkeit für Kapitalanleger

Private Equity und Venture Capital als Finanzierungsinstrument für mittelständische Unternehmen und Anlagemöglichkeit für Kapitalanleger

          
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About the Book

Studienarbeit aus dem Jahr 2016 im Fachbereich BWL - Investition und Finanzierung, Note: 1,7, Frankfurt School of Finance & Management, Veranstaltung: Bachelor in Finance and Management, Sprache: Deutsch, Abstract: Mit klassischen Finanzierungsformen stößt der deutsche Mittelstand, welcher im internationalen Vergleich einen bemerkenswert hohen Anteil an familiengeführten Unternehmen aufweist, schnell an seine Grenzen. Die höchste Priorität der mittelständischen Unternehmen in Deutschland, denen je nach Definition bis zu 99% aller deutschen Unternehmen zuzurechnen sind, liegt in der Beibehaltung der Unabhängigkeit. Allerdings werden gerade an ihnen der steigende Wettbewerbsdruck, die stärkere Notwendigkeit, das Unternehmen internationaler auszurichten, sowie die Unsicherheiten im weltweiten Finanzsystem nicht vorbeigehen. Diese erwähnten Einflüsse könnten zu einem Umdenken gerade auch in Finanzierungsthemen führen: weg von klassischen Fremdkapitalfinanzierungen, welche zumeist von Banken bewilligt werden, hin zu mehr Eigenkapitalfinanzierungen. Denn auch Banken müssen sich im Zuge von Basel III neu positionieren, was unter anderem zu höheren Anforderungen an die Unternehmen in Bezug auf Bonität und anderes führen wird. Wie sich die Forderungen von Basel III aber dauerhaft auf die Kreditvergabe auswirken ist noch offen. Teilweise wird hier jedoch bereits von "cherry picking" geredet. In Folge dessen könnte durchaus die Beteiligungsfinanzierung, in Form von Private Equity (PE) sowie Venture Capital (VC), eine Möglichkeit des Auswegs sein, wenn auch die Unternehmensfinanzierung durch Private Equity nach wie vor nicht die breite Akzeptanz im deutschen Markt hat. Ob dies in Mehrheitsbeteiligungen z.B. aufgrund fehlender Nachfolger oder als Minderheitsbeteiligungen treffender ist, sollte je nach unternehmensindividueller Situation betrachtet werden. Nichtsdestoweniger ist die Finanzierungsform des Private Equity in Deutschland im europäischen Vergleich bislang unterr


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Product Details
  • ISBN-13: 9783668276994
  • Publisher: Grin Publishing
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 2 mm
  • Width: 148 mm
  • ISBN-10: 3668276994
  • Publisher Date: 23 Aug 2016
  • Height: 210 mm
  • No of Pages: 24
  • Series Title: German
  • Weight: 45 gr


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