Mat Isa, Rosmah; Ameer, Rashid - In: The Journal of Risk Finance 8 (2007) 3, pp. 246-259
Purpose – This article seeks to explain and empirically test the relationship between managerial social capital and hedge fund performance. Design/methodology/approach – This article uses a capital asset pricing model (CAPM)‐style five factor model to estimate excess returns for the top 25...