Mutual Fund Flows and Performance in Rational Markets

Berk, Jonathan B., Green, Richard C.·2004·Journal of Political Economy

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  75. Assessing Managerial Ability: Implications for Corporate Governance ✶ ✶The authors thank Vivian Fang, Dongxu Li, Jongha Lim, Yihui Pan, Miriam Schwartz-Ziv, Berk Sensoy, Léa Stern, Luke Taylor, Ralph Walkling, and Tracy Wang for helpful comments on an earlier draft, and Shan Ge for excellent research assistance. Hermalin gratefully acknowledges the financial support of the Thomas & Alison Schneider Distinguished Professorship in Finance and the hospitality of Nuffield College, Oxford, where work on this chapter began.
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