Do Private Equity Funds Manipulate Reported Returns?
收藏NBER2016-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22493
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资源简介：
Private equity funds hold assets that are hard to value. Managers may have an incentive to distort reported valuations if these are used by investors to decide on commitments to subsequent funds managed by the same firm. Using a large dataset of buyout and venture funds, we test for the presence of
提供机构：
美国国家经济研究局
创建时间：
2016-08-01
