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The IUP Journal of Accounting Research and Audit Practices:

Research on Private Equity: A Bibliometric Analysis

Article Details

Pub. Date	: July, 2023
Product Name	: The IUP Journal of Accounting Research and Audit Practices
Product Type	: Article
Product Code	: IJARAP040723
Author Name	: Sachin, Shakti Singh and Sanjiv Kumar
Availability	: YES
Subject/Domain	: Finance
Download Format	: PDF Format
No. of Pages	: 16

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Abstract

The paper presents a bibliometric analysis of research on Private Equity (PE) and identifies the key contributors, major countries and institutions, and scope for further research. It uses scientific mapping strategy to meet its goals and employs R studio to extract pertinent data. Scopus and Web of Science-two popular databases-were used to extract the data. The study examines 1698 publications from business, management, finance and econometrics journals. The data are analyzed using descriptive statistics. The status of research on PE is represented through graphical and tabular analysis. Since PE first gained popularity in developed nations like US, UK and Japan, these countries boast a majority of studies on the subject. The PE concept is still relatively new in emerging countries, and there is still opportunity for more research. Future research should focus on issues like investment, venture and market.

Description

In India, Private Equity (PE) is evolving as an alternate investment vehicle with high potential for quick growth. High Net Worth Individuals park their investment in PE seeking a high return rate, as insurance companies and various government organizations do (Kulkarni and Prusty, 2007). These firms also raise their funds from debt sources based on their need (Jensen, 1989; Dawson, 2011; and Pandey, 2011). PE firms are capable of reviving a struggling business. These funds assist their portfolios in financial engineering and offer knowledge, management support and cutting-edge strategies, on which their portfolio may grow quickly (Sapienza et al., 1996). Additionally, PE funds give their portfolio companies a solid foundation upon which they may build their strategic decisions. PE firms concentrate on making strategic decisions that aid in achieving long-term objectives rather than meddling in the day-to-day operations of their portfolio. Compared to ordinary borrowing, money raised through PE is different. Regardless of the company's success or failure, these traditional lenders and borrowers have the legal right to request interest on loans or repayment of the principal amount. However, PE invests money