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In dieser Arbeit untersuchen wir Höhe und Struktur der Vergütung von Fondsmanagern und erklären diese durch Eigenschaften des Arbeitnehmers, des Arbeitgebers und des Arbeitsplatzes. Insgesamt verdienen deutsche Fondsmanager weniger als ihre merikanischen Kollegen. Die Vergütungshöhe hängt...
Persistent link: https://www.econbiz.de/10008666527
fund managers. However, little is known about the behavior of these managers. This survey study sheds light on the decision … processes of German fund managers. The design of the survey allows us to link fund manager data with information about mutual … process. The evidence shows that (i) it is possible to conduct a high quality survey study even though managers know that …
Persistent link: https://www.econbiz.de/10009525168
This paper serves two purposes. First, we introduce a new data set on the German stock market which is publicly available to all researchers. It comprises factor returns (a market factor, a size factor, a book-to-market factor, and a momentum factor) as well as returns of portfolios which are...
Persistent link: https://www.econbiz.de/10008666515
This paper conducts a comprehensive asset pricing study based on a unique dataset for the German stock market. For the period 1963 to 2006 we show that two value characteristics (book-to-market equity, earnings-to-price) and momentum explain the cross-section of stock returns. Corresponding...
Persistent link: https://www.econbiz.de/10008666529