Making Private Data Accessible in an Opaque Industry: The Experience of the Private Capital Research Institute
- (pp. 157-60)
AbstractPrivate markets are becoming an increasingly important way of financing rapidly growing and mature firms, and private investors are reputed to have far-reaching economic impacts. These important markets, however, are uniquely difficult to study. This paper explores these challenges, as well as the ways they can be overcome, using the experiences of the Private Capital Research Institute as a case.
CitationJeng, Leslie, and Josh Lerner. 2016. "Making Private Data Accessible in an Opaque Industry: The Experience of the Private Capital Research Institute." American Economic Review, 106 (5): 157-60. DOI: 10.1257/aer.p20161059
- G24 Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
- G32 Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill