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1. 


  ,      ,      蠫   (젖   PE [Private Equity]).

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 蠖  ,   .     ,         ,     .        ,       :  ,  M& A,       . [1 - . URL: www.investopedia.com/terms/p/privateequity.asp]

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   ()      (,  , )    . ,  ,      10 (   ).          ,     . Ѡ  ,    ,      , ,       .      ,       .  ,             35     . [2 - Metrick A., Ayako Y. The economics ofprivate equity funds. Review ofFinancial Studies (2010).]

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(19821993)        (LBO), . .   (  ) . Ѡ19801989.     2,421,9 .         .         (1989.)   KKR  RJR Nabisco.        17 (31,1 .).     ,     , 1990.      LBO. 

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     (. . ) ⠖     . [3 - Bonds J.: Everything You Need ToKnow // Investopedia, 2015.The Growth ofthe Junk Bond Market and Its Role inFinancing Takeovers // AuerbachA.J.Mergers and Acquisitions. National Bureau ofEconomic Research, 1987. ISBN 0-226-03209-4.]

(19922002)     ,   ,   ,  1990-,    蠫   - (, Amazon.com, Netscape, eBay).   2000.  305,7 . 

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notes








1


. URL: www.investopedia.com/terms/p/privateequity.asp




2


Metrick A., Ayako Y. The economics ofprivate equity funds. Review ofFinancial Studies (2010).




3


Bonds J.: Everything You Need ToKnow // Investopedia, 2015.The Growth ofthe Junk Bond Market and Its Role inFinancing Takeovers // AuerbachA.J.Mergers and Acquisitions. National Bureau ofEconomic Research, 1987. ISBN 0-226-03209-4.


