Article deals with the inability to pay and inadequate financial discipline in Slovene economy. Main provisions of the new Law about Financial Management of Enterprises dealing with the issues, became fully effective in January 2000. The law should besides decreasing the number of enterprises...

In this paper we provide first evidence that activities of placement agents are justified. Using two proprietary limited partner datasets that contain data on 902 private equity funds raised in the period 1990-2011, we find that general partners hire placement agents to provide funding of...