LBO in the Automotive Sector

Student: Rukhani Georgiy

Educational Programme: Economics (Bachelor)

Year of Graduation: 2017

The research goal is to determine the factors, which influence the LBO deals for automotive industry. This study is focused on identification and evaluating of factors influencing LBO transaction in the automotive sector. Firstly, the paper describes a brief theory of LBO transactions and hypothesis for empirical research. Secondly, suggested hypothesis checked through two sets. Thirdly, the results interpreted, namely the long-term interest rate negatively related to LBO’s value, short-term interest rate was not significant, and the liquidity of stock market positively related to transaction value. The rights of anti-directors and creditors is insignificant. The paper can use as a basis for future researcher related to LBO transactions.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses