TY - JOUR
T1 - Private Equity in China: Differences and Similarities With the Western Model
AU - BRUTON, Garry
AU - DATTANI, Maneksh
AU - FUNG, Ka Yiu, Michael
AU - CHOW, Kong Wing, Clement
AU - AHLSROM, David
PY - 1999/1/1
Y1 - 1999/1/1
N2 - The private equity industry has been widely examined in the U.S., and in Europe as well. But in Asia, unexplored despite the rapid growth of Asian capital markets in recent years. Even during the economic downturn of 1997, the industry in Asia added approximately $8.3 billion in capital. Nevertheless, it cannot be assumed that the Asian industry is comparable to the U.S. industry. Situational and cultural factors in Asia have created a private equity industry with its own unique characteristics.
AB - The private equity industry has been widely examined in the U.S., and in Europe as well. But in Asia, unexplored despite the rapid growth of Asian capital markets in recent years. Even during the economic downturn of 1997, the industry in Asia added approximately $8.3 billion in capital. Nevertheless, it cannot be assumed that the Asian industry is comparable to the U.S. industry. Situational and cultural factors in Asia have created a private equity industry with its own unique characteristics.
M3 - Journal Article (refereed)
SN - 1096-5572
VL - 2
SP - 7
EP - 13
JO - The Journal of Private Equity
JF - The Journal of Private Equity
IS - 2
ER -