Contact
How to shop
Delivery
Shopping guide
Institutional Asset Management
How are professional investors affected by legislature and corporate governance?
English
119 b
Delivery to Austria
Up to 30 days for returns
Customers also purchased
/
Paperback
10.69
€
/
Paperback
30.79
€
/
Paperback
78.29
€
This study examines the current legislature and best practice corporate governance for institutional investors in Germany and the United States. Differences in investment regulation, compliance and disclosure requirements, as well as expense and tax schemes are identified for insurance companies and the pension fund industry. Based on current academic literature, hypotheses about the impact of different regulatory regimes are derived and tested empirically in a comparison between Germany and the United States over the last five years. Differences in asset allocation between the two countries are determined for both industries. It is shownthat the strict quantitative regulation of asset allocation in Germany has no negative impact on institutional investors' performance, yet it reduces the realized risk measured through depreciation. A principal component regression reveals that asset allocation constitutes a relevant indicator for depreciation and performance in Germany. It can be inferred that the investment regulation in Germany poses little disadvantages for investors while it provides a significant risk reduction. This conclusion is confirmed by practitioners from the pension fund industry in Germany.
About the book
English
Give this book today
It's easy
1 Add to cart and choose Deliver as present at the checkout 2 We'll send you a voucher 3 The book will arrive at the recipient's addressYou might also be interested in
/
Paperback
42.59
€
/
Paperback
18.49
€
/
Paperback
56.09
€
Hi! I'm Libroamiko, your book advisor.
How can I help you?