Investment Decisions
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The Private Use of Credit Ratings: Evidence from Investment Mandates
Ever since the global financial crisis in 2008, credit ratings have been subject to increased scrutiny.
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Irrelevance of Governance Structure
The central theme in corporate governance is that allocating more control rights to shareholders will allow them to hold disloyal manager
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Investment Returns and Distribution Policies of Non-Profit Endowment Funds
Endowment funds are repositories for gifts and operating surpluses generated by non-profit organizations. Often described by their
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