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Tekijä:Khorana, A.
Otsikko:Performance changes following top management turnover: evidence from open-end mutual funds
Lehti:Journal of Financial and Quantitative Analysis
2001 : SEP, VOL. 36:3, p. 371-393
Asiasana:MANAGERS
PERFORMANCE APPRAISAL
REPLACEMENT
TURNOVER
UNIT TRUSTS
Kieli:eng
Tiivistelmä:The author examines the impact of mutual fund manager replacement on subsequent fund performance. Using a sample of 393 domestic equity and bond fund managers that were replaced over the 1979-1991 period, for the underperformers, he documents significant improvements in post-replacement performance relative to the past performance of the fund.
SCIMA tietueen numero: 228605
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