000 02342nam a22004695i 4500
001 978-3-8349-3616-5
003 DE-He213
005 20140220083333.0
007 cr nn 008mamaa
008 111230s2012 gw | s |||| 0|eng d
020 _a9783834936165
_9978-3-8349-3616-5
024 7 _a10.1007/978-3-8349-3616-5
_2doi
050 4 _aHG1-9999
050 4 _aHG4501-6051
050 4 _aHG1501-HG3550
072 7 _aKFF
_2bicssc
072 7 _aKFFK
_2bicssc
072 7 _aBUS027000
_2bisacsh
072 7 _aBUS004000
_2bisacsh
082 0 4 _a657.8333
_223
082 0 4 _a658.152
_223
100 1 _aHoller, Julian.
_eauthor.
245 1 0 _aHedge Funds and Financial Markets
_h[electronic resource] :
_bAn Asset Management and Corporate Governance Perspective /
_cby Julian Holler.
264 1 _aWiesbaden :
_bGabler Verlag,
_c2012.
300 _aXXV, 410 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aGeld – Banken – Börsen
520 _aHedge funds have started to play an important role in financial markets during the last decade. They have affected important aspects of financial intermediation such as asset allocation decisions and corporate governance. Julian Holler provides an excellent theoretical and empirical analysis of these issues. His analysis offers strong support that hedge funds enable investors to improve asset allocation decisions. Consequently, hedge funds are an interesting alternative asset class for institutional investors. In contrast to results for the U.S. capital market his research provides evidence that hedge fund activism does not persistently increase the value of firms in Germany. This result suggests that the institutional environment has a strong influence on the effectiveness of corporate governance mechanisms.
650 0 _aEconomics.
650 1 4 _aEconomics/Management Science.
650 2 4 _aFinance/Investment/Banking.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783834932778
830 0 _aGeld – Banken – Börsen
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-8349-3616-5
912 _aZDB-2-SBE
999 _c103988
_d103988