Babalos, Vassilios; Caporale, Guglielmo Maria; … - In: Research in International Business and Finance 26 (2012) 2, pp. 317-333
This study assesses the relative performance of Greek equity funds employing a non-parametric method, namely Data Envelopment Analysis (DEA). Specifically, we evaluate the funds’ total productivity change using the DEA-based Malmquist Index. Our results reveal significant losses in funds’...
