Showing 1 - 10 of 69
This article documents various demographic factors which influence mutual fund turnover including managerial experience, location, education, and gender. On average, funds in financial centers trade more but this excess turnover declines with experience. While most extra trading is concentrated...
Persistent link: https://www.econbiz.de/10008835344
The question of whether more socially responsible (SR) firms outperform or underperform other conventional firms has been debated in the economic literature. In this study, using the socially responsible investment (SRI) indexes and conventional stock indexes in the US, the UK, and Japan, first...
Persistent link: https://www.econbiz.de/10009647233
In this paper sport data are used to study the effects of manager replacement on firm performance. Using match results of the major Italian soccer league (“Serie A”) we analyze the effects of coach (manager) changes in terms of team performance. From our preliminary estimates, including year...
Persistent link: https://www.econbiz.de/10005260216
This paper reconsiders the applicability of a recently posed theoretical result concerning the optimality of not providing interim performance evaluations to the agent when implementing a given amount of total effort. The model used by Lizzeri, Meyers and Persico (2002) under the assumption of a...
Persistent link: https://www.econbiz.de/10005836875
The academic rankings are a controversial subject in higher education. However, despite all the criticism, academic rankings are here to stay and more and more different stakeholders use rankings to obtain information about the institutions’ performance. The two most well-known rankings, The...
Persistent link: https://www.econbiz.de/10005089322
The present paper show a performance evaluation method of administrative units belonging to public entities of significant dimension (state ministries, important local entities, etc.). The excellence of this method has been experienced during several years by the Administration of the Xunta of...
Persistent link: https://www.econbiz.de/10005035006
The literature has conflicting reports regarding the impact of group decision making on performance. We first observe that in mutual fund studies this results from large discrepancies in reported managerial structures between CRSP and Morningstar databases reaching on average 20% per year. Then...
Persistent link: https://www.econbiz.de/10011111522
This study is designed to study the relationship between the performance evaluation system and its impact on job satisfaction of employees. A questionnaire is designed for this purpose and the study is conducted to the employees of Pakistan International Airline Corporation. For this purpose the...
Persistent link: https://www.econbiz.de/10011258144
Mutual fund investors are concerned with the selection of the best fund in terms of performance among the set of alternative funds. This paper proposes an innovative mutual funds performance evaluation measure in the context of multicriteria decision making. We implement a multicriteria...
Persistent link: https://www.econbiz.de/10011260483
Using estimated CAPM-models portfolio risks of Russian mutual funds are analyzed. Two questions are considered: how did mutual funds portfolio risks change during the crisis and postcrisis periods; did portfolio managers successfully fit the portfolio structure depending on market conditions?...
Persistent link: https://www.econbiz.de/10011260907