Results 131 to 140 of about 8,393 (308)
Local Overweighting and Underperformance: Evidence from Limited Partner Private Equity Investments [PDF]
Institutional investors of all types exhibit substantial home-state bias when investing in private equity (PE) funds. This effect is particularly pronounced for public pension funds, where the local overweighting amounts to 9.7% of the private equity ...
Yael V. Hochberg, Joshua D. Rauh
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The British Journal of Sociology, EarlyView.ABSTRACT This article connects cultural taste to capitalist mechanisms of redistribution through the concept of political economy of taste. Building on Bourdieusian scholarship on recognition struggles and drawing on Mike Savage and Nancy Fraser, it examines how public performances of taste reshape representations of working‐class culture and how these
Simone Varriale
wiley +1 more source
The Role of Credibility and Fundamentals in a Funded Pension System: A Markov Switching Analysis for Australia and Iceland [PDF]
Since the turn of the millennium the problem of credibility of the social security system has spread to the private pension funds sector. This is evident for those countries, like Australia and Iceland, that have very large funded pensions assets as a ...
Oreste Napolitano, Mariangela Bonasia
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Quid Pro Quo? Private Information Flows in Shareholder Activism: Evidence from Mutual Fund Families
Journal of Accounting Research, EarlyView.ABSTRACT This paper hypothesizes that information flows from target firms to large shareholders during activist campaigns and that these flows have governance consequences. Focusing on actively managed mutual fund families, we find that informed trading by large‐holding fund families increases during activist campaigns relative to smaller‐holding fund ...
EUNJEE KIM, HAI PHAM
wiley +1 more source
Incidence, Risk, and Disclosure of Corporate Litigation: Insights from Federal Court Filings
Journal of Accounting Research, EarlyView.ABSTRACT We assemble and describe a sample of 174,782 lawsuits filed against 218,437 public‐company lawsuit‐defendants in federal district court from 2006 to 2021. These lawsuits involve an array of allegations, including product liability, civil rights discrimination, contract breaches, improper compensation and labor practices, antitrust violations ...
MARY BROOKE BILLINGS +3 more
wiley +1 more source
Pseudonyms, Propaganda, and Prints: The Life and Political Caricatures of William Dent, 1782–931
Journal for Eighteenth-Century Studies, EarlyView.Abstract ‘Dent was probably an amateur and nothing is known of his life’, state Bryant and Heneage. Despite contributing to caricature's ‘golden age’, William Dent remains overlooked compared to contemporaries like James Gillray. Dent's extensive portfolio (1782–93) and rumoured role as a Pittite propagandist have not secured his place in the canon of ...
Callum D. Smith
wiley +1 more source
Managing Public Investment Funds: Best Practices and New Challenges [PDF]
Large publicly-held pools of assets are playing an increasingly prominent role in the global investment arena. We compare three distinct forms of such public funds, namely foreign exchange reserve funds, sovereign wealth funds, and public pension funds ...
John Piggott +2 more
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The Weaponization of ESG Infrastructures and the Future of Green Finance
Global Policy, EarlyView.ABSTRACT The trillion‐dollar green finance industry faces growing pushbacks from a range of actors. While criticisms vary—from portraying ESG as part of a “woke” agenda to highlighting risks of greenwashing—we now see mass departures from climate–finance initiatives, with asset managers coming under fire from regulators over ESG policies and activist ...
Annika Stenström
wiley +1 more source
Occupational pension schemes: prospects and reforms in the UK [PDF]
Private pensions seem likely to provide the dominant source of income for the majority of retired workers in the future. New private pension instruments developed since 1986, notably personal pensions, have proved popular, but concern as to ‘overselling’
Richard Disney
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Five Principles for a New Economic Consensus
Global Policy, EarlyView.ABSTRACT This paper puts forward five principles for a new economic consensus, which could serve as a modern alternative to the Washington Consensus of 35 years ago. They are built on new ideas that have gained currency in economics over the past three decades. We also provide examples of the policies that could follow from these principles.
Timothy Besley, Andrés Velasco
wiley +1 more source