1.

Record Nr.

UNINA9910796602303321

Autore

Sanchez-Gonzalez Carlos

Titolo

The Efficiency of Mutual Fund Families : Insights from the Spanish Market / / by Carlos Sanchez-Gonzalez (Universidad EIA, Colombia)

Pubbl/distr/stampa

Bingley, England : , : Emerald Publishing, , 2018

ISBN

1-78743-983-6

1-78743-799-X

Descrizione fisica

1 online resource (xxiii, 238 pages) : illustrations

Disciplina

332.63/27

Soggetti

Financial services industry - Management

Industrial productivity - Measurement

Mutual funds

Investments, Spanish

Business & Economics, Investments & Securities / Mutual Funds

Investment & securities

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Front Cover; The Efficiency of Mutual Fund Families: Insights from the Spanish Market; Copyright Page; Contents; List of Figures; List of Tables; About the Author; Preface; Acknowledgments; Part I. The Efficiency of Mutual Fund Families: Using a Slacks-based Measure; Chapter 1 Introduction to Part I; Chapter 2 Background; 2.1. Basic Concepts; 2.2. Basic DEA Models; 2.3. Applications to Financial Institutions; 2.3.1. Context of Study; 2.3.2. Review of Frontier Studies in Financial Institutions; 2.3.3. Discussion on the Production and Asset Approaches; Chapter 3 Model and Variables. 3.1. Multi-management Stages Model in a Mutual Fund Management Company (MFMC)3.2. Variables of the Model: The Case of the Spanish Market; Chapter 4 Data and Empirical Analysis: The Case of the Spanish Market; 4.1. Data; 4.2. Empirical Analysis; 4.3. Influence of the Variable-returns-to-scale on the Efficiency Rankings; 4.4. Robustness of the More Controversial Variables of the Model; Chapter 5 Conclusions and Summary of the Applications in the Spanish Market; Appendix A; Part II. Further Evaluation of Efficiency of Mutual Fund Management Companies;



Chapter 1 Introduction to Part II. Chapter 2 Variations of the Slacks-based Measure (SBM) of Efficiency2.1. Basic Concepts of the New Measures; 2.2. Comparative Evaluation between the SBM Original Model and SBM Variation I; 2.3. Random Searches for Facets (Variation IV); 2.4. The Search for Locally Efficient Companies Applying Variation III; Chapter 3 Persistence in Funds Management Companies: Do the Best Winners and Losers Usually Repeat?; 3.1. Persistence Studies in the Mutual Fund Industry; 3.2. Methodology of Performance Persistence; 3.3. Empirical Results of Efficiency Persistence: The Case of the Spanish Market. Chapter 4 Conclusions and Summary of the Applications in the Spanish MarketAppendix B; References; Index.

Sommario/riassunto

Gonzalez develops an innovative model that considers different management stages of mutual fund companies, overcoming the traditional dispute between the different approaches used in banking and insurance research.

2.

Record Nr.

UNISANNIOMIL0765481

Titolo

1

Pubbl/distr/stampa

Verucchio, : Centro internazionale ricerche sulle strutture ambientali "Pio Manzu", 2008

Descrizione fisica

287 p. : ill. ; 24 cm

Disciplina

330.905

Soggetti

Economia e società - Sec. 21

Collocazione

BCA       SC. SOCIAL              1009

Lingua di pubblicazione

Italiano

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

N. 135/2008 di Strutture ambientali.