SEARCH

SEARCH BY CITATION

References

  • Adams, J., S. Mansi, and T. Nishikawa, 2010, “Internal Governance Mechanisms and Operational Performance: Evidence from Index Mutual Funds,” Review of Financial Studies 23, 12611286.
  • Ai, C. and E. Norton, 2003, “Interaction Terms in Logit and Probit Models,” Economic Letters 80, 123129.
  • Almazan A., K. Brown, M. Carlson, and D. Chapman, 2004, “Why Constrain Your Mutual Fund Manager Journal of Financial Economics 73, 289321.
  • Anderson, R., S. Mansi, and D. Reeb, 2003, “Founding Family Ownership and the Agency Cost of Debt,” Journal of Financial Economics 68, 263285.
  • Anderson, R., S. Mansi, and D. Reeb, 2004, “Board Characteristics, Accounting Report Integrity, and the Cost of Debt,” Journal of Accounting and Economics 37, 315342.
  • Asker, J., J. Farre-Mensa, and A. Ljungqvist, 2011, “Does the Stock Market Distort Investment Incentives?” NYU and ECGI Finance Working Paper No. 282/2010.
  • Berle, A. and G. Means, 1932, The Modern Corporation and Private Property , New York , NY , Macmillan.
  • Bonnier, K. and R. Bruner, 1989, “An Analysis of Stock Price Reaction to Management Change in Distressed Firms,” Journal of Accounting and Economics 11, 95106.
  • Brav, A., J. Graham, C. Harvey, and R. Michaely, 2005, “Payout Policy in the 21st Century,” Journal of Financial Economics 77, 483527.
  • Brown, K., W. Harlow, and L. Starks, 1996, “Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry,” Journal of Finance 51, 85110.
  • Burgstahler, H., L. Hail, and C. Leuz, 2006, “The Importance of Reporting Incentives: Earnings Management in European Private and Public Firms,” Accounting Review 81, 9831016.
  • Bushee, B., 2001, “Do Institutional Investors Prefer Near-Term Earnings Over Longer-Run Value Contemporary Accounting Research 18, 207246.
  • Campbell, T., M. Gallmeyer, S. Johnson, J. Rutherford, and B. Stanley, 2011, “CEO Optimism and Forced Turnover,” Journal of Financial Economics 101, 695712.
  • Carhart, M., 1997, “On Persistence in Mutual Fund Performance,” Journal of Finance 52, 5782.
  • Chevalier, J. and G. Ellison, 1999, “Career Concerns of Mutual Fund Managers,” Quarterly Journal of Economics 114, 389432.
  • Coffee, J., 1999, “The Future as History: The Prospects for Global Convergence in Corporate Governance and its Implications,” Northwestern University Law Review 93, 641708.
  • Denis, D. and D. Denis, 1995, “Performance Changes Following Top Management Dismissals,” Journal of Finance 50, 10291057.
  • Deuskar, P., J. Pollet, Z. Wang, and L. Zheng, 2011, “The Good or the Bad? Which Mutual Fund Managers Join Hedge Funds Review of Financial Studies 24, 30083024.
  • Ding, B. and R. Wermers, 2009, “Mutual Fund Performance and Governance Structure: The Role of Portfolio Managers and Boards of Directors,” SUNY Albany Working Paper.
  • Donald, S. and K. Lang. 2007, “Inference with Difference-in-Differences and Other Panel Data,” Review of Economics and Statistics 89, 221233.
  • Evans, R., 2010, “Mutual Fund Incubation,” Journal of Finance 65, 15811611.
  • Ferris, S. and X. Yan, 2009, “Agency Costs, Governance, and Organizational Forms: Evidence from the Mutual Fund Industry,” Journal of Banking and Finance 33, 619626.
  • Froot, K., A. Perold, and J. Stein, 1992, “Shareholder Trading Practices and Corporate Investment Horizons,” Journal of Applied Corporate Finance 5, 4258.
  • Furtado E. and M. Rozeff, 1987, “The Wealth Effects of Company Initiated Management Changes,” Journal of Financial Economics 18, 147160.
  • Gaspar, J., M. Massa, and P. Matos, 2005, “Shareholder Investment Horizons and the Market for Corporate Control,” Journal of Financial Economics 76, 135165.
  • Giannetti, M., 2003, “Do Better Institutions Mitigate Agency Problems? Evidence from Corporate Finance Choices,” Journal of Financial and Quantitative Analysis 38, 185212.
  • Hwang, B. and S. Kim, 2009, “It Pays to Have Friends,” Journal of Financial Economics 93, 138158.
  • Jensen, M., 1967, “The Performance of Mutual Funds in the Period 1945-1964,” Journal of Finance 23, 389416.
  • Khorana, A., 1996, “Top Management Turnover: An Empirical Investigation of Mutual Fund Managers,” Journal of Financial Economics 40, 403427.
  • Khorana, A., 2001, “Performance Changes Following Top Management Turnover: Evidence from Open-End Mutual Funds,” Journal of Financial and Quantitative Analysis 36, 371393.
  • Khorana, A., P. Tufano, and L. Wedge, 2007, “Board Structure, Mergers, and Shareholder Wealth: A Study of the Mutual Fund Industry,” Journal of Financial Economics 85, 571598.
  • Khunen, C., 2009, “Business Networks, Corporate Governance and Contracting in the Mutual Fund Industry,” Journal of Finance 64, 21852220.
  • Loderer, C. and U. Waelchli, 2010, “Protecting Minority Shareholders: Listed versus Unlisted Firms,” Financial Management 39, 3357.
  • Massa, M., J. Reuter, and E. Zitzewitz, 2010, “When Should Firms Share Credit with Employees? Evidence from Anonymously Managed Mutual Funds,” Journal of Financial Economics 83, 751792.
  • Michaely, R. and M. Roberts, 2012, “Corporate Dividend Policies: Lessons from Private Firms,” Review of Financial Studies 25, 711746.
  • Michaely, R., R. Thaler, and K. Womack, 1995, “Shareholder Heterogeneity, Adverse Selection, and Payout Policy,” Journal of Finance 50, 573608.
  • Morck, R., A. Shleifer, and R. Vishny, 1989, “Alternative Mechanisms for Corporate Control,” American Economic Review 79, 842852.
  • Mortal, S. and N. Reisel, 2011, “Capital Allocation by Private and Public Firms,” Southern Methodist University Working Paper.
  • Parrino, R., 1997, “CEO Turnover and Outside Succession: A Cross Sectional Analysis,” Journal of Financial Economics 46, 165197.
  • Porter, M., 1992, “Capital Choices: Changing the Way America Invests in Industry,” Council on Competitiveness/Harvard Business School.
  • Qiu, J., 2003, “Termination Risk, Multiple Managers and Mutual Fund Tournaments,” European Finance Review 7, 161190.
  • Rappaport, A., 1990, “The Staying Power of the Public Corporation,” Harvard Business Review 68, 96104.
  • Shleifer, A. and R. Vishny, 1989, “Management Entrenchment: The Case of Manager-Specific Investment,” Journal of Financial Economics 25, 123139.
  • Sirri, E. and P. Tufano, 1998, “Costly Search and Mutual Fund Flows,” Journal of Finance, 53, 15891622.
  • Volpin, P., 2002, “Governance with Poor Investor Protection: Evidence from Top Executive Turnover in Italy,” Journal of Financial Economics 64, 6190.
  • Weisbach, M., 1988, “Outside Directors and CEO Turnover,” Journal of Financial Economics 20, 431460.
  • Yan, X. and Z. Zhang, 2009, “Institutional Investors and Equity Returns: Are Short-Term Institutions Better Informed Review of Financial Studies 22, 893924.