Private equity and business budgeting

Stefanović, Nikola and Stanišić, Nemanja and Bradić-Martinović, Aleksandra (2014) Private equity and business budgeting. In: Book of Proceedings / Singidunum University International Scientific Conference Financial Reporting Function of the Corporate Governance. Univerzitet Singidunum, Beograd, pp. 60-63. ISBN 978-86-7912-569-9

Preview

Text Private_equity_and_business_budgeting.pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (598kB) | Preview

Abstract

This study investigates the connection between private equity funds and business budgeting. The study is based on the data from SEAF South Balkan Fund B.V., a private equity fund, which, during the 2006 to 2010 period, analyzed 483 companies in Serbia. To that end, the first part of the study presents the conceptual framework, as well as different private equity funds, such as venture capital funds, leveraged buyout funds, mezzanine funds, etc. The second part of the study shows different types of budgets, their features and characteristics, as well as different budgeting processes, methods and strategic approaches. In the third part, the connection between private equity investing and business budgeting is established. Lastly, the conclusion is drawn that the business budgeting is an important factor in creating successful companies, but that many business owners, in Serbia, do not realize its importance, or perform it.

Actions (login required)

View Item