2.50
Hdl Handle:
http://hdl.handle.net/2436/26233
Title:
Should private equity funds be further regulated?
Authors:
Yeoh, Peter
Abstract:
This paper examines the current concerns over the systemic risk posed by the fast-expanding private equity funds. Such worries appear to emerge as a consequence of controversies generated by private equity and hedge funds over their lack of transparency in asset valuations and use of excessive debts, and more importantly over their general manner of operation. While market imperfections feature to some extent, this investigation argues that these are not significant enough to warrant formal regulatory mechanisms. It further argues for the continuance of a light-touch regulatory framework, as this industry works best under a flexible governance framework. Additionally, this paper suggests that a shared commitment to the wider regulatory objectives by regulators, the regulated and their advisers through regular dialogues is likely to produce a more favourable outcome of appropriate market behaviour.
Citation:
Journal of Asset Management, 8(3): 215-235
Publisher:
Palgrave Macmillan Ltd.
Journal:
Journal of Asset Management
Issue Date:
2007
URI:
http://hdl.handle.net/2436/26233
DOI:
10.1057/palgrave.jam.2250070
Additional Links:
http://www.palgrave-journals.com/jam/index.html; http://web.ebscohost.com/ehost/detail?vid=1&hid=117&sid=658c24ef-d9e1-4d77-b10e-b753c9e71f5a%40sessionmgr106
Type:
Article
Language:
en
ISSN:
1470-8272
Appears in Collections:
Legal Studies Research Group ; Legal Studies Research Group

Full metadata record

DC FieldValue Language
dc.contributor.authorYeoh, Peter-
dc.date.accessioned2008-05-15T11:13:54Z-
dc.date.available2008-05-15T11:13:54Z-
dc.date.issued2007-
dc.identifier.citationJournal of Asset Management, 8(3): 215-235en
dc.identifier.issn1470-8272-
dc.identifier.doi10.1057/palgrave.jam.2250070-
dc.identifier.urihttp://hdl.handle.net/2436/26233-
dc.description.abstractThis paper examines the current concerns over the systemic risk posed by the fast-expanding private equity funds. Such worries appear to emerge as a consequence of controversies generated by private equity and hedge funds over their lack of transparency in asset valuations and use of excessive debts, and more importantly over their general manner of operation. While market imperfections feature to some extent, this investigation argues that these are not significant enough to warrant formal regulatory mechanisms. It further argues for the continuance of a light-touch regulatory framework, as this industry works best under a flexible governance framework. Additionally, this paper suggests that a shared commitment to the wider regulatory objectives by regulators, the regulated and their advisers through regular dialogues is likely to produce a more favourable outcome of appropriate market behaviour.en
dc.language.isoenen
dc.publisherPalgrave Macmillan Ltd.en
dc.relation.urlhttp://www.palgrave-journals.com/jam/index.htmlen
dc.relation.urlhttp://web.ebscohost.com/ehost/detail?vid=1&hid=117&sid=658c24ef-d9e1-4d77-b10e-b753c9e71f5a%40sessionmgr106-
dc.subjectFinancial services regulationen
dc.subjectPrivate equity fundsen
dc.subjectAccountingen
dc.subjectAsset managementen
dc.subjectHedge fundsen
dc.subjectMutual fundsen
dc.titleShould private equity funds be further regulated?en
dc.typeArticleen
dc.identifier.journalJournal of Asset Managementen
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