We establish that the labor market helps discipline asset managers via the impact of fund liquidations on their careers …. Using hand-collected data on 1,948 professionals, we find that top managers working for funds liquidated after persistently …

capital development in the business, the methodology provides a basis for organisational development: Due to transparent tasks … and functions efficient and sustainable changes are possible. -- Knowledge transfer ; organizational development … ; succession management ; personal development ; transfer coaching ; learning organization ; knowledge management …