TITLE

MEASURING AGENCY COST PREMIUM IN FUNDS MANAGEMENT

AUTHOR(S)
Quintero, Socorro; Shaw, Ron; Ma, Aixin; Baur, Michael
PUB. DATE
January 2012
SOURCE
International Journal of Business, Accounting, & Finance;Winter2012, Vol. 6 Issue 1, p1
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
76125357

 

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