In addition, he says, the returns they do achieve are due to factors, including high leverage and the overall movement of the stockmarket, for which private-equity managers cannot claim credit.
Owner's equity represents the owner's interest in or claim upon a business net assets which is the deference between the amount of assets and the amount of liabilities.
业主权益代表业主对企业净资产的权益或要求权,净资产是指企业的资产总额与负债之间的差额。
3
Thus, owners' equity is a residual claim-a claim to the assets remaining after the debt to creditors has been discharged.