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This paper analyzes persistence in US equity mutual fund performance over the period 2001-2011 for both net and gross … approach, which assesses the performance of investing by following recommendations based on past performance. Results show the …-sectional significance of recursive portfolios. In general, our results do not support evidence of persistence in mutual fund performance …
Persistent link: https://www.econbiz.de/10010772992
This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot … targets, measured with varying degrees of precision. We use data from the agency's performance management system and personnel … records plus matched labour market data. We focus on three main issues: whether performance pay matters for public service …
Persistent link: https://www.econbiz.de/10010720301
indicateurs de performance doit être engagée. Leur rôle ne doit pas être pensé uniquement en termes de contrôle et d …
Persistent link: https://www.econbiz.de/10011072701
This paper analyses the relationship between active management and performance in US equity mutual funds over the … period 2001-2011 for both gross and net returns. Mutual funds achieve nonzero abnormal performance through strategies that …-varying parameters, idiosyncratic risk and turnover. The results show a negative aggregate performance close to zero. Performance is …
Persistent link: https://www.econbiz.de/10011188931
. This paper contributes to the extant literature by comparing the performance of Islamic and conventional funds during …’ah-compliant investments are in home territory. Our results show that the relative performance of Islamic and conventional funds must be … countries, the result is the opposite. This evidence holds for both crisis and recovery periods. In addition, the performance …
Persistent link: https://www.econbiz.de/10011188932
performance doit être engagée. Leur rôle ne doit pas être pensé uniquement en termes de contrôle et d'incitations ; ils doivent …
Persistent link: https://www.econbiz.de/10008792811
'instruments de gestion et sont porteuses de promesses de rationalisation, démocratisation et performance accrue. Pourtant, comme le …
Persistent link: https://www.econbiz.de/10008793125
This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot … targets, measured with varying degrees of precision. We use data from the agency's performance management system and personnel … records plus matched labour market data. We focus on three main issues: whether performance pay matters for public service …
Persistent link: https://www.econbiz.de/10010559801
We analyse the performance persistence and survivorship bias of Islamic and Socially Responsible Investment (SRI) funds …-financial attributes influence performance and performance persistence. We propose a refined version of the procedures used in the … literature based on a cross-sectional test to control for significance of the recursive portfolios according to past performance …
Persistent link: https://www.econbiz.de/10010940514
Using a comprehensive micro-database of Canadian firms in conjunction with industry-level data on commodity flows, we develop a profile of corporate diversification within the Canadian economy. Our analysis has two major objectives. First, we decompose corporate diversification into horizontal...
Persistent link: https://www.econbiz.de/10005523629