There has been a widespread public attention and academic interest on family ownerships in emerging Asian countries. Although family ownerships can lead to direct and effective monitoring of managerial discretion and lower principal-agent costs, they also want to increase corporate performance....

This paper studies the effect of perceived manager trustworthiness on hedge fund investment. Controlling for past-performance, we find that hedge fund managers whose photographs are rated as more trustworthy are able to attract greater fund flows, in the medium performance range, and have a...

This article examines UK investment trusts using a sample of 210 investment trusts from the period 1990 to 2006. The sample is free of survivorship bias. We find evidence of long-term managerial positive persistence. Performance is measured by Jensen's alpha based on regression models such as...