Should Private Companies Have the Same SEC Disclosure Requirements as Public Companies? A Debate

As with any important policy decision, the question of mandated disclosure for private equity must weigh potential benefits against costs implementation. At 2022 Private Equity Research Symposium hosted by Oxford University, Oxford's Ludovic Phalippou and UNC-Chapel Hill's Gregory Brown debated merits greater financial reporting companies. Phalippou's arguments in favor more center on lack alignment between fund general partners (GPs) limited (LPs), which can distort incentives GPs to be transparent honest LPs. Brown's increasing focus potentially large associated substantially reporting, especially smaller These could change landscape investments a way that reduces investment innovative, high-growth