The efficiency of mutual fund families

S�anchez-Gonz�alez develops an innovative model that considers different management stages of mutual fund companies, overcoming the traditional dispute between the different approaches used in banking and insurance research. Research on the mutual fund industry has been primarily focused on mutual f...

Full description

Saved in:
Bibliographic Details
Main Author: S�anchez-Gonz�alez, Carlos, (Author)
Format: eBook
Language: English
Published: Bingley, U.K. : Emerald Publishing Limited, 2018.
Subjects:
Financial services industry > Management.
Industrial productivity > Measurement.
Mutual funds.
Investments, Spanish.
Business & Economics, Investments & Securities / Mutual Funds.
Investment & securities.
elektronické knihy
electronic books
ISBN: 9781787437999 (e-book)
9781787439832 (ePUB)
Physical Description: 1 online resource (xxiii, 238 pages)

Cover

Table of contents

LEADER 03169nam a2200409Ii 4500
001 em-9781787437999
003 UtOrBLW
005 20180416090853.0
006 m o d
007 cr un|||||||||
008 180416s2018 enk ob 001 0 eng d
020 |a 9781787437999 (e-book) 
020 . . |a 9781787439832 (ePUB) 
040 |a UtOrBLW  |b eng  |e rda  |c UtOrBLW 
080 |a 339 
100 1 |a S�anchez-Gonz�alez, Carlos,  |e author. 
245 1 4 |a The efficiency of mutual fund families /  |c by Carlos S�anchez-Gonz�alez. 
264 1 |a Bingley, U.K. :  |b Emerald Publishing Limited,  |c 2018. 
264 4 |c �2018 
300 |a 1 online resource (xxiii, 238 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
500 |a Includes index. 
504 |a Includes bibliographical references. 
520 |a S�anchez-Gonz�alez develops an innovative model that considers different management stages of mutual fund companies, overcoming the traditional dispute between the different approaches used in banking and insurance research. Research on the mutual fund industry has been primarily focused on mutual funds rather than on their management companies. This new work fills this gap in the empirical knowledge of the efficiency obtained by mutual fund management companies. The research analyses the Spanish case, which is one of the most relevant fund industries in the Euro market, providing new insights into issues that have not been explored prior. Data envelopment analysis (DEA) is the basic methodology used to evaluate the efficiency level. The book consists of two parts. The first part includes the basic concepts, a brief explanation of the basic DEA models, and a review of the most important applications to financial institutions. The authors formulate the multi-management stage model and the unique set of fund industry-specific variables used in this research. Subsequently, the efficiency of Spanish mutual fund companies is evaluated using the SBM approach. Finally, this part concludes and summarises the major findings of the efficiency analysis. The second part of the book reviews the major concepts of the variations in the original SBM approach and the more accurate empirical results of these SBM variants in the Spanish mutual fund industry. Subsequently, this part illustrates the persistence phenomenon to further determine whether any relevant factors may drive the efficiency results previously obtained. Finally, the second part presents conclusions and a summary of the major findings.  
588 0 |a Print version record 
650 0 |a Financial services industry  |x Management. 
650 0 |a Industrial productivity  |x Measurement. 
650 0 |a Mutual funds. 
650 0 |a Investments, Spanish. 
650 7 |a Business & Economics, Investments & Securities / Mutual Funds.  |2 bisacsh 
650 7 |a Investment & securities.  |2 bicssc 
655 7 |a elektronické knihy  |7 fd186907  |2 czenas 
655 9 |a electronic books  |2 eczenas 
776 |z 9781787438002 
856 4 0 |u https://proxy.k.utb.cz/login?url=https://doi.org/10.1108/9781787437999  |y Full text 

Similar Items