Business Networks, Corporate Governance and Contracting in the Mutual Fund Industry

By Camelia M. Kuhnen. 2009

260 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/e7d0d8c001977c25301d7df17704cc6fe72266c6

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Harrison G. Hong
2. Ye Cai
3. J. Beňa
4. Jeffrey D. Kubik
5. Kai Li
6. Joseph Chen
7. Merih Sevilir
8. Wenxi Jiang

In Finance

1. Harrison G. Hong
2. Jeffrey D. Kubik
3. Joseph Chen
4. Ye Cai
5. Kai Li
6. Merih Sevilir
7. Wenxi Jiang
8. Henri Servaes

Citations in the corpus

• Outsourcing Mutual Fund Management: Firm Boundaries, Incentives and Performance (2013, background): “Kuhnen (2009) tests whether the decision to approve subadvisory contracts are influenced by social network connections of mutual fund boards.”
• Social Capital, Investments and External Financing (2015, unknown): “Prior research such as Hong et al. (2004, 2005), Cohen et al. (2008, 2010) and Kuhnen (2009) shows that social capital facilitates the sharing of information and reduces information asymmetry within a network.”
• Boardroom Centrality and Firm Performance (2013, unknown): “Similarly, Hong et al. (2005), Kuhnen (2009), and Cohen et al. (2010) provide a link between mutual fund connections and fund performance, suggesting that networks provide information useful for capital allocation decisions.”
• Board Connections and M&A Transactions (2012, background): “…of networks in the venture capital industry, Robinson and Stuart (2007) and Lindsey (2008) in strategic alliances, Garmaise and Moskowitz (2003) in lending markets, Cohen, Frazzini, and Malloy (2008) and Kuhnen (2009) on the effect of social ties in the mutual fund industry, Bizjak, Lemmon, and…”
• Executive Networks and Firm Policies: Evidence from the Random Assignment of MBA Peers (2013, unknown): “I further show that peer eects in compensation are not driven by similarities in underlying managerial productivity using a test of "pay for friend’s luck": pay responds to lucky industry-level shocks to the compensation of peers in distant industries.”
• What Drives Market Share in the Mutual Fund Industry (2012, background): “establishes the fund in the first place [see Tufano and Sevick (1997) and Kuhnen (2009) for more details].”
• The Economic Impact of Social Ties: Evidence from German Reunification* (2011, unknown): “…(Munshi (2003), Laschever (2007), and Beaman (2008)) and informal insurance (e.g. Weerdt and Dercon (2006)) to performance in the financial industry (Cohen, Frazzini, and Malloy (2008), Hochberg, Ljungqvist, and Lu (2007), and Kuhnen (2009)) and agricultural yields (Conley and Udry (2009)).”
• Corporate Innovations and Mergers and Acquisitions (2011, methodology): “See McFadden (1974) and Green (2008, Chapter 23) for an introduction of the conditional logit regression, and Kuhnen (2009) and Dyck, Morse, and Zingales (2010) for recent applications in finance.”