This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Regulatory harmonization and the development of private equity markets Author info | Abstract | Publisher info | Download info | Related research | Statistics Cumming, Douglas
Johan, Sofia (TILEC (Tilburg Law and Economics Center))
Additional information is available for the following
registered author(s):
This paper introduces a new dataset from 100 Dutch institutional investors domestic and international asset private equity allocations. The data indicate that the comparative dearth of regulations of private equity funds impedes institutional investor participation in private equity funds, particularly in relation to the lack of transparency. The data further indicate that regulatory harmonization of institutional investors has increased Dutch institutional investor allocations to domestic and international private equity funds, particularly via the harmonization from the International Financial Reporting Standards (regulation of reporting standards and transparency), the Financieel Toetsingkader (regulation of portfolio management standards such as of matching assets and liabilities), and Basel II (regulation of risk
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Tilburg University, Tilburg Law and Economic Center in its series Discussion Paper with number
1.
Download reference. The following formats are available: HTML ,
plain text ,
BibTeX ,
RIS (EndNote),
ReDIF
Length:
Date of creation: 2006Date of revision:
Handle: RePEc:dgr:kubtil:20061Contact details of provider: Web page: http://www.tilburguniversity.nl/tilec/
For technical questions regarding this item, or to correct its listing, contact: (Corry Stuyts).
Keywords: Other versions of this item:
Find related papers by JEL classification: G23 - Financial Economics - - Financial Institutions and Services - - - Pension Funds; Other Private Financial Institutions G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation K22 - Law and Economics - - Regulation and Business Law - - - Corporation and Securities Law K34 - Law and Economics - - Other Substantive Areas of Law - - - Tax Law
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Christian Keuschnigg, 2004.
"Taxation of a venture capitalist with a portfolio of firms ,"
Oxford Economic Papers ,
Oxford University Press, vol. 56(2), pages 285-306, April.
[Downloadable!] (restricted)
Other versions: Klaus M. Schmidt, 2003.
"Convertible Securities and Venture Capital Finance ,"
Journal of Finance ,
American Finance Association, vol. 58(3), pages 1139-1166, 06.
[Downloadable!] (restricted)
Other versions: Josh Lerner, 1996.
"The Government as Venture Capitalist: The Long-Run Effects of the SBIR Program ,"
NBER Working Papers
5753, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Bascha, Andreas & Walz, Uwe, 2001.
"Convertible securities and optimal exit decisions in venture capital finance ,"
Journal of Corporate Finance ,
Elsevier, vol. 7(3), pages 285-306, September.
[Downloadable!] (restricted)
Colin Mayer, 2001.
"Institutional Investment and Private Equity in the UK ,"
OFRC Working Papers Series
2001fe10, Oxford Financial Research Centre.
[Downloadable!]
Josh Lerner, 2002.
"Boom and bust in the venture capital industry and the impact on innovation ,"
Economic Review ,
Federal Reserve Bank of Atlanta, issue Q4, pages 25-39.
[Downloadable!]
Christian Keuschnigg & Soren Bo Nielsen, 2003.
"Taxes and Venture Capital Support ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo GmbH.
[Downloadable!]
Other versions: Keuschnigg, Christian, 2003.
"Optimal Public Policy for Venture Capital Backed Innovation ,"
CEPR Discussion Papers
3850, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Heckman, James J, 1979.
"Sample Selection Bias as a Specification Error ,"
Econometrica ,
Econometric Society, vol. 47(1), pages 153-61, January.
[Downloadable!] (restricted)
Paul Gompers & Josh Lerner, 2001.
"The Venture Capital Revolution ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 15(2), pages 145-168, Spring.
[Downloadable!] (restricted)
Christian Keuschnigg & Soren Bo Nielsen, 2001.
"Public Policy for Venture Capital ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo GmbH.
[Downloadable!]
Other versions:
Christian Keuschnigg & Søren Bo Nielsen, .
"Public Policy for Venture Capital ,"
EPRU Working Paper Series
01-06, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
[Downloadable!] Christian Keuschnigg & Soren Nielsen, 2001.
"Public Policy for Venture Capital ,"
International Tax and Public Finance ,
Springer, vol. 8(4), pages 557-572, August.
[Downloadable!] (restricted) Kanniainen, Vesa & Keuschnigg, Christian, 2003.
"The optimal portfolio of start-up firms in venture capital finance ,"
Journal of Corporate Finance ,
Elsevier, vol. 9(5), pages 521-534, November.
[Downloadable!] (restricted)
Other versions: N. Berger, Allen & F. Udell, Gregory, 1998.
"The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle ,"
Journal of Banking & Finance ,
Elsevier, vol. 22(6-8), pages 613-673, August.
[Downloadable!] (restricted)
Other versions: Jeng, Leslie A. & Wells, Philippe C., 2000.
"The determinants of venture capital funding: evidence across countries ,"
Journal of Corporate Finance ,
Elsevier, vol. 6(3), pages 241-289, September.
[Downloadable!] (restricted)
van der Goot, Tjalling, 2003.
"Risk, the quality of intermediaries and legal liability in The Netherlands IPO market ,"
International Review of Law and Economics ,
Elsevier, vol. 23(2), pages 121-140, June.
[Downloadable!] (restricted)
Jochen Bigus, .
"Staging of Venture Financing, Investor Opportunism, and Patent Law ,"
American Law & Economics Association Annual Meetings
1035, American Law & Economics Association.
[Downloadable!]
Gompers, Paul A., 1998.
"Venture capital growing pains: Should the market diet? ,"
Journal of Banking & Finance ,
Elsevier, vol. 22(6-8), pages 1089-1104, August.
[Downloadable!] (restricted)
David H. Hsu, 2004.
"What Do Entrepreneurs Pay for Venture Capital Affiliation? ,"
Journal of Finance ,
American Finance Association, vol. 59(4), pages 1805-1844, 08.
[Downloadable!] (restricted)
Cumming, Douglas J. & MacIntosh, Jeffrey G., 2003.
"A cross-country comparison of full and partial venture capital exits ,"
Journal of Banking & Finance ,
Elsevier, vol. 27(3), pages 511-548, March.
[Downloadable!] (restricted)
Gompers, Paul & Lerner, Josh, 1996.
"The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements ,"
Journal of Law & Economics ,
University of Chicago Press, vol. 39(2), pages 463-98, October.
Bergemann, Dirk & Hege, Ulrich, 1997.
"Venture Capital Financing, Moral Hazard and Learning ,"
CEPR Discussion Papers
1738, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Bergemann, D. & Hege, U., 1997.
"Venture capital financing, moral hazard, and learning ,"
Discussion Paper
108, Tilburg University, Center for Economic Research.
[Downloadable!] Bergemann, Dirk & Hege, Ulrich, 1998.
"Venture capital financing, moral hazard, and learning ,"
Journal of Banking & Finance ,
Elsevier, vol. 22(6-8), pages 703-735, August.
[Downloadable!] (restricted) John H. Cochrane, 2001.
"The Risk and Return of Venture Capital ,"
NBER Working Papers
8066, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
John Cochrane, 2000.
"The Risk and Return of Venture Capital ,"
University of California at Los Angeles, Anderson Graduate School of Management
1082, Anderson Graduate School of Management, UCLA.
[Downloadable!] Cochrane, John H., 2005.
"The risk and return of venture capital ,"
Journal of Financial Economics ,
Elsevier, vol. 75(1), pages 3-52, January.
[Downloadable!] (restricted) Franklin Allen & Wei-ling Song, 2002.
"Venture Capital and Corporate Governance ,"
Center for Financial Institutions Working Papers
03-05, Wharton School Center for Financial Institutions, University of Pennsylvania.
[Downloadable!]
Josh Lerner & Antoinette Schoar & Wan Wong, 2005.
"Smart Institutions, Foolish Choices? The Limited Partner Performance Puzzle ,"
NBER Working Papers
11136, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: White, Halbert, 1980.
"A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity ,"
Econometrica ,
Econometric Society, vol. 48(4), pages 817-38, May.
[Downloadable!] (restricted)
Berglof, Erik, 1994.
"A Control Theory of Venture Capital Finance ,"
Journal of Law, Economics and Organization ,
Oxford University Press, vol. 10(2), pages 247-67, October.
Keuschnigg, Christian & Nielsen, Soren Bo, 2002.
"Start-ups, Venture Capitalists and the Capital Gains Tax ,"
CEPR Discussion Papers
3263, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Christian Keuschnigg & Soren Bo Nielsen, 2002.
"Start-ups, Venture Capitalists, and the Capital Gains Tax ,"
University of St. Gallen Department of Economics working paper series 2002
2002-05, Department of Economics, University of St. Gallen.
[Downloadable!] Christian Keuschnigg & Soren Bo Nielsen, 2002.
"Start-ups, Venture Capitalits, and the Capital Gains Tax ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo GmbH.
[Downloadable!] Keuschnigg, Christian & Nielsen, Soren Bo, 2004.
"Start-ups, venture capitalists, and the capital gains tax ,"
Journal of Public Economics ,
Elsevier, vol. 88(5), pages 1011-1042, April.
[Downloadable!] (restricted) James M. Poterba, 1988.
"Venture Capital and Capital Gains Taxation ,"
Working papers
508, Massachusetts Institute of Technology (MIT), Department of Economics.
Other versions: Josh Lerner, 2002.
"When Bureaucrats Meet Entrepreneurs: The Design of Effective "Public Venture Capital" Programmes ,"
Economic Journal ,
Royal Economic Society, vol. 112(477), pages F73-F84, February.
[Downloadable!] (restricted)
Keuschnigg, Christian & Nielsen, Soren Bo, 2003.
"Tax policy, venture capital, and entrepreneurship ,"
Journal of Public Economics ,
Elsevier, vol. 87(1), pages 175-203, January.
[Downloadable!] (restricted)
Other versions:
Christian Keuschnigg & Søren Bo Nielsen, .
"Tax Policy, Venture Capital, and Entrepreneurship ,"
EPRU Working Paper Series
00-18, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
[Downloadable!] Keuschnigg, Christian & Nielsen, Soren Bo, 2000.
"Tax Policy, Venture Capital and Entrepreneurship ,"
CEPR Discussion Papers
2626, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Christian Keuschnigg & Soren Bo Nielsen, 2000.
"Tax Policy, Venture Capital, and Entrepreneurship ,"
Econometric Society World Congress 2000 Contributed Papers
1848, Econometric Society.
[Downloadable!] Christian Keuschnigg & Soren Bo Nielsen, 2000.
"Tax Policy, Venture Capital, and Entrepreneurship ,"
NBER Working Papers
7976, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Mayer, Colin & Schoors, Koen & Yafeh, Yishay, 2002.
"Sources of Funds and Investment Activities of Venture Capital Funds: Evidence from Germany, Israel, Japan and the UK ,"
CEPR Discussion Papers
3340, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Josh Lerner & Antoinette Schoar, 2005.
"Does Legal Enforcement Affect Financial Transactions? The Contractual Channel in Private Equity ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 120(1), pages 223-246, January.
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Tykvová, Tereza & Schertler, Andrea, 2006.
"Rivals or partners? : Evidence from Europe's international private equity deals ,"
ZEW Discussion Papers
06-91, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
[Downloadable!]
Groh, Alexander P. & Liechtenstein, Heinrich & Canela, Miguel A., 2008.
"Limited partners' perceptions of the Central Eastern European venture capital and private equity market ,"
IESE Research Papers
D/727, IESE Business School.
[Downloadable!]
Access and
download statistics Did you know? You can use IDEAS to provide links to papers and articles in your course syllabus.
This page was last updated on 2008-8-16.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .