PEF투자의 경제적 성과에 관한 연구

This study analysed about the short term public disclosure effect and the return through fund investment on the firms, especially listed corporations. The results of the analysis are summarized as follows: To examine the success elements of a private equity fund, we put in practice the cross section analysis of a market response through a regression analysis. As independent variables of indices for profitability, stability, growth-oriented, we established the degree of risk to corporation, net profits to the sales ratio, current ratio, the sales' growth rate, debt ratio, we put in practice a regression analysis with the financial data of the end of business year. And the result represented as significant in the net profits to the sales ratio, current ratio, the degree of risk to corporation. With the degree of risk to corporation is high, but the higher corporation in current ratio which means short term payment ability and net profits to the sales ratio has the better evaluation as a taken over corporation by another one. And an investment through private equity fund may be an effective means, therefore in short term it has a positive effect, improving corporation's value.