Universität zu Köln

Essays on Mutual Fund Governance and Corporate Governance

Sonnenburg, Florian (2015) Essays on Mutual Fund Governance and Corporate Governance. PhD thesis, Universität zu Köln.

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    Abstract

    This thesis comprises of three essays on mutual fund governance and corporate governance. The first essay (Kempf, Puetz, and Sonnenburg, 2013, “The Impact of Duality on Managerial Decisions and Performance: Evidence from the Mutual Fund Industry”) investigates the consequences of manager duality in the U.S. mutual fund industry, i.e., a sole leadership structure where the manager also acts as the chairman of the board. The second essay (Martin and Sonnenburg, 2015, “Managerial Ownership Changes and Mutual Fund Performance”) analyses the relationship between managerial ownership changes and changes in future risk-adjusted fund performance for a sample of U.S. equity mutual funds. The third essay (Limbach and Sonnenburg, 2015, “CEO Fitness and Firm Value”) examines the role of physical fitness as an important managerial characteristic relevant for hiring decisions of the board of directors using a panel of S&P 1500 companies.

    Item Type: Thesis (PhD thesis)
    Creators:
    CreatorsEmail
    Sonnenburg, Floriansonnenburg@wiso.uni-koeln.de
    URN: urn:nbn:de:hbz:38-65581
    Subjects: Management and auxiliary services
    Uncontrolled Keywords:
    KeywordsLanguage
    Fund Governance, Corporate Governance, Manager Duality, Fund Manager Ownership Changes, Incentive Alignment, Superior Information, CEO fitness, CEO heterogeneity, firm valueUNSPECIFIED
    Faculty: Wirtschafts- u. Sozialwissenschaftliche Fakultät
    Divisions: Wirtschafts- u. Sozialwissenschaftliche Fakultät > Seminar für Allg. BWL und Finanzierungslehre
    Language: English
    Date: 14 August 2015
    Date Type: Publication
    Date of oral exam: 21 January 2016
    Full Text Status: Public
    Date Deposited: 16 Feb 2016 11:59:17
    Referee
    NameAcademic Title
    Kempf, AlexanderProf. Dr.
    Hess, DieterProf. Dr.
    URI: http://kups.ub.uni-koeln.de/id/eprint/6558

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