I examine the effect of prudent-man laws on the behavior of institutional investors. Variation
in exposure to legal liability across types of investment managers allows me to disentangle …

The global value of trading in index futures is about $20 trillion per year and rising and for
many countries the value traded is similar to that traded on their stock markets. This book …

An attempt is made to examine current practices in the areas of securities analysis and
portfolio management and to identify changes in these practices that occurred as a result of …

The success of the pension fund management company is determined by the ability of
management to manage existing resources. This study attempts to examine the effect of …

Purpose This study aims to examine the intertemporal changes in the institutional ownership
of publicly traded bank holding companies (BHCs) in the USA. The role of owned-subsidiary …

Total institutional ownership, institutional ownership by type of institution (eg banks,
insurance companies, mutual funds), and a new measure of ownership concentration …

Chronic low level lead exposure is a serious health problem especially in children who are
more vulnerable to its effects. The relationship between chronic low level lead exposure and …

The economic rationale for the existence of futures markets is that they facilitate hedging:
they allow the more risk averse market participants to transfer the risk of price changes to …