Abstract:
This study investigates the connection between private equity funds and business budgeting. The
study is based on the data from SEAF South Balkan Fund B.V., a private equity fund, which, during
the 2006 to 2010 period, analyzed 483 companies in Serbia. To that end, the first part of the study
presents the conceptual framework, as well as different private equity funds, such as venture capital
funds, leveraged buyout funds, mezzanine funds, etc. The second part of the study shows different
types of budgets, their features and characteristics, as well as different budgeting processes, methods
and strategic approaches. In the third part, the connection between private equity investing and
business budgeting is established. Lastly, the conclusion is drawn that the business budgeting is an
important factor in creating successful companies, but that many business owners, in Serbia, do not
realize its importance, or perform it.
CITATION:
IEEE format
N. Stefanović, N. Stanišić, A. Bradić-Martinović, “PRIVATE EQUITY AND BUSINESS BUDGETING,” in FINIZ 2014 - The Role of Financial Reporting in Corporate Governance, Belgrade, Singidunum University, Serbia, 2014, pp. 60-63. doi: 10.15308/finiz-2014-60-63
APA format
Stefanović, N., Stanišić, N., Bradić-Martinović, A. (2014). PRIVATE EQUITY AND BUSINESS BUDGETING. Paper presented at FINIZ 2014 - The Role of Financial Reporting in Corporate Governance. doi:10.15308/finiz-2014-60-63