• Author/Authors

    ÇİTÇİ, Sadettin Haluk Gebze Yüksek Teknoloji Enstitüsü - İşletme Fakültesi - İktisat Bölümü, Turkey

  • Title Of Article

    Agency and Transparency in Financial Markets

  • شماره ركورد
    25728
  • Abstract
    We analyze incentive effects of transparency on delegated portfolio management. When portfolio return is observable, disclosure of portfolio composition decreases expected return and lowers the investor s ability to identify the manager s actual type. More information about the portfolio return before renewal of management agreement also decreases expected return, while, conditionally, it may provide more information about manager s actual ability.
  • From Page
    269
  • NaturalLanguageKeyword
    transparency , career concern , delegated portfolio management
  • JournalTitle
    Journal Of Management an‎d Economics
  • To Page
    280
  • JournalTitle
    Journal Of Management an‎d Economics
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=44&DC=25728