私募股权投资对被投公司市值管理的影响分析

Analysis on the Impact of Private Equity Investment on the Market Value Management of Invested Firms

摘要: 私募股权投资采用非公开募资的方式将募集资金投资于非上市公司的股权或非公开发行的上市公司的股权。由于私募股权投资自身存在突出的优势，逐渐成为各国企业投融资的重要方式。私募股权投资机构通过为企业拓宽融资渠道、改善信息环境、健全激励机制、优化组织结构、加强外部支持、提高企业声誉等方式提升企业内在价值从而带动市值管理水平的提升。

Abstract: Private equity investment uses non-public fund-raising to invest the raised funds in the equity of non-listed firms or the equity of non-public listed firms. Due to its outstanding advantages, private equity investment has gradually become an important way of investment and financing for enter-prises in various countries. Private equity investment institutions enhance the internal value of enterprises by broadening financing channels, improving information environment, improving in-centive mechanism, optimizing organizational structure, strengthening external support and im-proving enterprise reputation, so as to improve the level of market value management.