Efficiency of mutual fund families : applications to the Spanish market /: applications to the Spanish market. (2018)

• Record Type: Book
• Further Information: Note: Edited by Carlos Andrés Sánchez-González.
• Editors: Sánchez-González, Carlos Andrés
• Contents: PART I: THE EFFICIENCY OF MUTUAL FUND COMPANIES: USING A SLACKS-BASED MEASURE 1. Introduction to Part I 2. Background 2.1 Basic Concepts 2.2 Basic DEA Models 2.3 Applications to Financial Institutions 2.3.1 Context of Study 2.3.2 Brief Literature Review 2.3.3 Brief Discussion on the Production and Asset Approaches 3. Model and Variables 3.1 Multi-Management Stages Model in a Mutual Fund Management Company (MFMC) 3.2 Variables of the Model: Example in the Spanish Market 4. Data and Empirical Analysis: Example in the Spanish Market 4.1 Data 4.2 Empirical Analysis 4.3 Influence of the Variable-Returns-to-Scale on the Efficiency Rankings 4.4 Robustness of the More Controversial Variables of the Model 4.5 Conclusion and Summary of the Applications to the Spanish Market PART II: FURTHER EVALUATION OF EFFICIENCY OF MUTUAL FUND MANAGEMENT COMPANIES 1. Introduction to Part II 2. Variations of the Slacks-based measure (SBM) of efficiency 2.1 Basic concepts of the new measures 2.2 Comparative evaluation between the SBM original model and SBM Variation I 2.3 Random searches for facets (Variation IV) 2.4 The search for locally efficient companies applying Variation III 3. Persistence in funds management companies: Do the best winners and losers usually repeat?: Example in the Spanish Market 3.1 Methodology of performance persistence 3.2 Empirical results of efficiency persistence 3.3 Conclusions and Summaries of the Applications to the Spanish Market.
• Publisher Details: United Kingdom : Emerald Publishing
• Publication Date: 2018
• Extent: 1 online resource
• Subjects: 332.6327; Mutual funds; Mutual funds -- Spain
• Languages: English
• ISBNs: 9781787439832; 9781787437999
• Related ISBNs: 9781787438002
• Notes: Note: Description based on CIP data; resource not viewed.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.