Narrow search
Showing 1 - 10 of 4,583
Cover Image
Board of director configurations in mutual fund sponsors : early evidence of board-level performance
Besley, Scott; Besley, Scott; Pantzalis, Christos - In: Issues in corporate governance and finance, (pp. 203-236). 2007
Persistent link: https://www.econbiz.de/10003538981
Cover Image
Fund manager duality : impact on performance and investment behavior
Kempf, Alexander; Pütz, Alexander; Sonnenburg, Florian - 2012
Agency conflicts can arise when a fund manager also chairs the board of the fund. We examine the consequences of this fund manager duality using a broad sample of single managed US equity funds. We find that duality managers significantly underperform non-duality managers. This underperformance...
Persistent link: https://www.econbiz.de/10009579421
Cover Image
Outsourcing mutual fund management : firm boundaries, incentives, and performance
Chen, Joseph; Hong, Harrison G.; Jiang, Wenxi; Kubik, … - In: The journal of finance : the journal of the American … 68 (2013) 2, pp. 523-558
Persistent link: https://www.econbiz.de/10009730859
Cover Image
The investment abilities of mutual fund buy-side analysts
Cici, Gjergji; Rosenfeld, Claire - 2012
We investigate the abilities of buy-side analysts by analyzing nontraditional mutual funds that are exclusively managed by in-house analysts rather than traditional portfolio managers. Analysts exhibit stronger general and job-specific investment abilities than traditional managers from within...
Persistent link: https://www.econbiz.de/10009625486
Cover Image
The impact of duality on managerial decisions and performance : evidence from the mutual fund industry
Kempf, Alexander; Pütz, Alexander; Sonnenburg, Florian - 2013 - This version: October 2013
We study the decisions and performance of managers who are also chair of the board (duality managers). We hypothesize that duality managers take more risky decisions and deliver worse performance than non-duality managers due to reduced level of control and replacement risk. Using the mutual...
Persistent link: https://www.econbiz.de/10010194852
Cover Image
Essays on mutual fund governance and corporate governance
Sonnenburg, Florian - 2016
Persistent link: https://www.econbiz.de/10011443602
Cover Image
Managerial ownership changes and mutual fund performance
Martin, Thorsten; Sonnenburg, Florian - 2015 - This draft: August 2015
We study the dynamics of fund manager ownership for a sample of U.S. equity mutual funds from 2005 to 2011. We find that ownership changes positively predict changes in future risk-adjusted fund performance. A one-standarddeviation increase in ownership predicts a 1.6 percent increase in alpha...
Persistent link: https://www.econbiz.de/10011526141
Cover Image
Family descent as a signal of managerial quality : evidence from mutual funds
Chuprinin, Oleg; Sosyura, Denis - 2016
Persistent link: https://www.econbiz.de/10011538896
Cover Image
Management Turnover and Fund Performance : Evidence from German Mutual Funds (Wechsel des Fondsmanagements und die Performance Deutscher Aktienfonds) (German)
Barelkowska, Maria Teresa - 2010
erstellte Datenbank zu Wechseln. Deutsche Aktienfonds mit überdurchschnittlicher Wertentwicklung (Gewinner-Fonds) weisen nach … einem Wechsel im Vergleich zu wechsellosen Fonds eine Performanceverschlech-terung für das Folgejahr auf. Fonds mit … unterdurchschnittlicher Wertentwicklung (Verlierer-Fonds) zeigen nach dem Wechsel eine Performanceverbesserung auf. Bei Verlierer-Fonds führen …
Persistent link: https://www.econbiz.de/10013135935
Cover Image
The Impact of Duality on Managerial Decisions and Performance : Evidence from the Mutual Fund Industry
Kempf, Alexander - 2013
We study the decisions and performance of managers who are also chair of the board (duality managers). We hypothesize that duality managers take more risky decisions and deliver worse performance than non-duality managers due to reduced level of control and replacement risk. Using the mutual...
Persistent link: https://www.econbiz.de/10013090384