Showing 1 - 10 of 504,550
This paper introduces a cross-country law and finance analysis of the regulatory impact on the level of capital flows and the sensitivity of capital flows in response to prior performance (that is, the ‘flow-performance' relationship) in the hedge fund industry. The data indicate that...
Persistent link: https://www.econbiz.de/10013157606
regulated or largely exempted from regulation, the newly regulated funds experienced a significant decrease in reported profits …
Persistent link: https://www.econbiz.de/10012841071
This study investigates the impact of excessive regulation on private equity (PE) returns and firm performance. History … shows that extreme regulation and prohibition reduce the supply of capital and raise returns (e.g., as with drugs and … diamonds). However, for value-added investors such as PE funds, extreme regulation also reduces the quality of capital and fund …
Persistent link: https://www.econbiz.de/10013106627
This study investigates the impact of excessive regulation on private equity (PE) returns and firm performance. History … shows that extreme regulation and prohibition reduce the supply of capital and raise returns (e.g., as with drugs and … diamonds). However, for value-added investors such as PE funds, extreme regulation also reduces the quality of capital and fund …
Persistent link: https://www.econbiz.de/10013068474
, or CT) “industry” in the United States and Germany. Given our focus on clean technologies as well as private equity and … VC, our sample includes the United States as the most sophisticated private equity and VC market and Germany as a lead …
Persistent link: https://www.econbiz.de/10013046789
international differences in hedge fund regulation are significantly associated with the propensity of fund managers to misreport … wealth transfer to differences in hedge fund regulation …
Persistent link: https://www.econbiz.de/10013139847
This paper tests the idea that financial regulation can impact performance persistence in the context of the hedge fund … industry in 48 countries over the years 1994-2008. The data show evidence of three types of regulation influencing performance … institutional investors, enhance performance persistence. Finally, we show differences in the effect of regulation on persistence by …
Persistent link: https://www.econbiz.de/10013115500
This paper tests the idea that financial regulation can impact performance persistence in the context of the hedge fund … industry in 48 countries over the years 1994-2008. The data show evidence of three types of regulation influencing performance … institutional investors, enhance performance persistence. Finally, we show differences in the effect of regulation on persistence by …
Persistent link: https://www.econbiz.de/10013105273
The deregulation of securities laws—in particular the National Securities Markets Improvement Act (NSMIA) of 1996—has increased the supply of private capital to late-stage private startups, which are now able to grow to a size that few private firms used to reach. NSMIA is one of a number of...
Persistent link: https://www.econbiz.de/10012853930