Public infrastructure projects (PIPs) are critical to the socioeconomic development of any
country and similar to most public activities, their governance requires effective public …

Emerging market bonds improve the efficient frontier of a mixed-asset portfolio. The improvement
is based on the application of mean-variance spanning tests on returns that are free …

In this paper, multiple linear regression model is used to predict and test the effect of audit
policy changes in the capital markets. In 2016, China issued a new reporting guideline which …

As a takeover defense, staggered boards are adopted by approximately 60% of US firms.
Recent studies generally suggest that staggered boards entrench management and impair firm …

We show that the performance of actively managed equity mutual funds increases when
portfolios are concentrated in the top one or two stocks within each industry sector. Funds …

Historical records on the performances of global offshore oil and gas (O&G) projects show
that most did not meet industry expectations; therefore, there is a significant need to provide …

Many oil and gas projects experienced significant cost overruns, which is a major concern for
the industry. The objective of this study is to investigate the cost performance of oil and gas …

This paper studies the motivations behind mutual fund acquisitions. Results indicate that,
consistent with the existing corporate mergers and acquisitions literature, a desire to seek …

In this paper, we demonstrate that the performance of actively-managed equity portfolios
varies cross sectionally with several portfolio scope characteristics. In particular, we show that …

Growth of the mutual fund industry has prompted numerous studies that examine various
aspects such as fund performance, managerial compensation, career concerns, and fund …