This paper examines institutional investors' propensity to invest in a relatively unknown asset class of listed private equity. Based on data provided by LPEQ and Preqin covering 100 institutional investors in Europe in 2008, we find allocations are primarily a function of size, type, location,...

We test theories of information asymmetries, search costs, and procedural justice with retail store video surveillance data. We analyze sales data collected from six sporting goods stores in the northeastern region of the United States over the period January 1, 2013 to May 9, 2013. We relate...

We study the law production race-to-the-bottom/race-to-the-top debate in a unique context of crowd-funding in which potential agency problems are extreme. Our empirical setting is based on survey data from Canada in 2013(Q1) when equity crowd-funding was not permitted but was openly contemplated...

We study the law production race-to-the-bottom/race-to-the-top debate in a unique context of crowdfunding in which potential agency problems are extreme. Our empirical setting is based on survey data from Canada in 2013(Q1) when equity crowdfunding was not permitted but was openly contemplated...

Delaware hedge funds exhibit significant differences in contractual structure in terms of higher management and incentive fees. Delaware funds are more likely to use high watermark provisions and less likely to invest their personal capital. Both the redemption notice periods and lock up periods...

This set of slides represents an analysis of crowdfunding survey data in 2013 (Q1). The data and regressions are consistent with the view that different types market participants are well aware of risks associated with crowdfunding and how to appropriately mitigate those risks in view of...