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This paper contains a brief survey of recent empirical work on the performance of large companies. It tries to pull … between firms, accounting for the apparently erratic performance of many firms and, finally, moving away from hypothesis …
Persistent link: https://www.econbiz.de/10005789166
possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the …
Persistent link: https://www.econbiz.de/10005136494
providers of liquidity in these markets, or by dealers perceiving that funds have different price elasticities of demand for …
Persistent link: https://www.econbiz.de/10005788969
We use a comprehensive dataset of Funds-of-Hedge-Funds (FoFs) to investigate performance, risk and capital formation in … superior performance over time. In keeping with this implication, we provide evidence that even successful hedge funds have … experienced a recent, dramatic decline in risk-adjusted performance. …
Persistent link: https://www.econbiz.de/10005792343
Performance indicators are increasingly used to regulate quality in health care and other areas of the public sector …
Persistent link: https://www.econbiz.de/10005123654
We analyse the effect of ownership on post-privatization performance in a virtually complete population of medium and … ownership improves economic performance, but domestic private ownership does not, relative to state-owned firms. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …
Persistent link: https://www.econbiz.de/10005124464
against our data. We find that team size affects the impact of the incentive scheme upon performance. Moreover, while the …
Persistent link: https://www.econbiz.de/10005498005
In this paper firm level data are used to test whether competition affects productivity performance in three transition … pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short …-run competitive pressure has a positive impact on performance. The paper also finds evidence that ownership matters. Traditional firms …
Persistent link: https://www.econbiz.de/10005498145
-advertising families. At the family level, flows have a convex relation with advertising expenditures, similar to that for performance … redemptions rather than increasing purchases of fund shares. We further find that advertising can affect the fund’s flow-performance …
Persistent link: https://www.econbiz.de/10011145467
We investigate an informal yet important mechanism in the private equity industry that helps to reduce uncertainty: relationship building. Based on a large sample of private equity funds over the 1980-2010 period, we find that the general partners strategically allocate good funds to loyal...
Persistent link: https://www.econbiz.de/10011186612