Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016

Abstract

Private investment fund regulation in the United States evolved substantially in the last two decades. Tracing the main regulatory developments, this Article summarizes the author's theoretical and empirical findings on the effects of changes in private investment fund regulation from 2006 to 2016, assessing the regulatory implications of the failure of Long-Term Capital Management L.P. in 1998 and the Dodd-Frank Act in 2010. More recent trends include the emerging confluence of private investment funds and mutual funds as well as private investment funds' use of blockchain technology and smart contracts.

The effect of business ecosystem and government regulation toward business agility: the role mediating of business model innovation in SMEs

“…The result of hypothesis testing the effect of government regulation toward business model innovation obtained a positive relationship direction with a beta score (p=0.517) with p-values of 0.000 (p<0.05) and a t-statistic of 5.694 (p>1.96) indicating that the dynamics of regulation influences business models Innovation. This result is in accordance with the findings by (Glotko et al, 2020;Kaal, 2017;Louw & Nieuwenhuizen, 2020) The government's commitment to improve the economic and investment climate is carried out by deregulating various strategic economic sectors, one of which is Micro, Small, and Medium Enterprises (SMEs). This is reflected in President Joko Widodo's directive to cut regulations in 2015.…”