Kacer, M., Wilson, N. orcid.org/0000-0001-5250-9894 and Zouari, S. (2024) Exit routes, investor type, and the Covid-19 crisis: Insights from UK equity-funded companies. Economics Letters, 243. 111904. ISSN 0165-1765
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.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2024 The Author(s). This is an open access article under the terms of the Creative Commons Attribution License (CC-BY 4.0), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited. |
Keywords: | Equity funded companies, Investor type, Industry sector, Exit strategy, Covid-19 crisis |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) |
Funding Information: | Funder Grant number ESRC (Economic and Social Research Council) ES/W010259/1 |
Depositing User: | Symplectic Publications |
Date Deposited: | 09 Aug 2024 10:49 |
Last Modified: | 29 Aug 2024 10:34 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.econlet.2024.111904 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:215863 |