MEASURING AGENCY COST PREMIUM IN FUNDS MANAGEMENT.

Autor: Quintero, Socorro, Shaw, Ron, Ma, Aixin, Baur, Michael
Předmět:
Zdroj: International Journal of Business, Accounting & Finance; Winter2012, Vol. 6 Issue 1, p1-11, 11p, 1 Graph
Abstrakt: The article focuses on the applicability of the model of standard equilibrium asset pricing in financial markets. It explores the difference of the said asset pricing model when fund managers had higher portfolio returns through taking assets under fund management. It also discusses a modified or alternative capital asset pricing model allowing investors to have differential risk premium for the compensation for the unwanted behavior of fund managers.
Databáze: Complementary Index