We study outsourcing relationships among international asset management firms. We find that in companies that manage both outsourced and inhouse funds, inhouse funds outperform outsourced funds by 0.85% annually (57% of the expense ratio). We attribute this result to preferential treatment of...

This paper provides evidence on the incidence, characteristics, and performance of activist engagements across countries. We find that the incidence of activism is greatest with high institutional ownership, particularly for U.S. institutions. We use a sample of 1,740 activist engagements across...

This book demonstrates how the global market for Islamic financial services has shown strong growth in recent years and shown remarkable resilience during the global financial crisis.Drawing on a range of international perspectives from the Gulf Cooperation Council countries, Malaysia, Pakistan,...

1. Introduction -- 2. Summary Statistics -- 3. Paris Club Terms -- 4. Angola -- 5. Argentina -- 6. Azerbaijan -- 7. Barbados -- 8. Belarus -- 9. Belize -- 10. Bosnia and Herzegovina -- 11. Cameroon -- 12. Republic of Congo -- 13. Cote d'Ivoire -- 14. Cuba -- 15. Dominican Republic -- 16. Ecuador...