On Persistence in Mutual Fund Performance

Carhart, Mark M.·1997·The Journal of Finance

Cited by (1,015)

Items 101–200 of 1,015

  1. Climate risks and market efficiency
    Hong, Harrison, Li, Frank Weikai, Xu, Jiangmin · 2019 · Journal of Econometrics
  2. The Eco-Efficiency Premium Puzzle
    Derwall, Jeroen, Guenster, Nadja, Bauer, Rob, Koedijk, Kees · 2005 · Financial Analysts Journal
  3. The Debate over Doing Good: Corporate Social Performance, Strategic Marketing Levers, and Firm-Idiosyncratic Risk
    Luo, Xueming, Bhattacharya, C.B. · 2009 · Journal of Marketing
  4. Innovative efficiency and stock returns
    David A. Hirshleifer, Po‐Hsuan Hsu, Dongmei Li · 2012 · Journal of Financial Economics
  5. Understanding the Nature of the Risks and the Source of the Rewards to Momentum Investing
    Bruce D. Grundy, J. Spencer Martin · 2001 · Review of Financial Studies
  6. Short interest, institutional ownership, and stock returns
    Paul Asquith, Parag A. Pathak, Jay R. Ritter · 2005 · Journal of Financial Economics
  7. Are Some Mutual Fund Managers Better Than Others? Cross‐Sectional Patterns in Behavior and Performance
    Judith A. Chevalier, Glenn Ellison · 1999 · The Journal of Finance
  8. Just how much do individual investors lose by trading?
    Barber, Brad M., Lee, Yi-Tsung, Liu, Yu-Jane, Odean, Terrance · 2009 · Review of Financial Studies
  9. Can book-to-market, size and momentum be risk factors that predict economic growth?
    Jimmy Liew, Maria Vassalou · 2000 · Journal of Financial Economics
  10. Signaling through corporate accountability reporting
    Lys, Thomas, Naughton, James P., Wang, Clare · 2015 · Journal of Accounting and Economics
  11. Analyzing the Analysts: When Do Recommendations Add Value?
    Narasimhan Jegadeesh, Joonghyuk Kim, Susan D. Krische, Charles M.C. Lee · 2004 · The Journal of Finance
  12. Institutional Investors and Equity Returns: Are Short-term Institutions Better Informed?
    Xuemin Sterling Yan, Zhe Zhang · 2007 · Review of Financial Studies
  13. Arbitrage Asymmetry and the Idiosyncratic Volatility Puzzle
    Robert F. Stambaugh, Jianfeng Yu, Yu Yuan · 2015 · The Journal of Finance
  14. ESG Rating Disagreement and Stock Returns
    Rajna Gibson Brandon, Philipp Krueger, Peter Steffen Schmidt · 2021 · Financial Analysts Journal
  15. CEO Age, Firm Risk, and Corporate Policies
    Matthew A. Serfling · 2012 · Journal of Corporate Finance
  16. Industry Concentration and Average Stock Returns
    Kewei Hou, David T. Robinson · 2003 · The Journal of Finance
  17. Dissecting Anomalies with a Five-Factor Model
    Eugene F. Fama, Kenneth R. French · 2015 · Review of Financial Studies
  18. An Examination of Long‐Term Abnormal Stock Returns and Operating Performance Following R&D Increases
    Allan C. Eberhart, William F. Maxwell, Akhtar R. Siddique · 2004 · The Journal of Finance
  19. Customer concentration risk and the cost of equity capital
    Dan S. Dhaliwal, J. Scott Judd, Matthew A. Serfling, Sarah Shaikh · 2015 · Journal of Accounting and Economics
  20. Career Concerns of Mutual Fund Managers
    Judith A. Chevalier, Glenn Ellison · 1999 · The Quarterly Journal of Economics
  21. Uncertainty, Financial Frictions, and Investment Dynamics
    Simon Gilchrist, Jae Woo Sim, Egon Zakrajšek · 2014 · National Bureau of Economic Research
  22. Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance.
    S.P. Kothari, Jerold B. Warner · 2007 · Elsevier eBooks
  23. Mispricing Factors
    Robert F. Stambaugh, Yu Yuan · 2016 · Review of Financial Studies
  24. A liquidity-augmented capital asset pricing model
    Weimin Liu · 2006 · Journal of Financial Economics
  25. Size and value in China
    Jianan Liu, Robert F. Stambaugh, Yu Yuan · 2019 · Journal of Financial Economics
  26. The effect of socially responsible investing on portfolio performance
    Kempf, Alexander, Osthoff, Peer · 2007 · European Financial Management
  27. Expected Idiosyncratic Skewness
    Brian H. Boyer, Todd Mitton, Keith Vorkink · 2009 · Review of Financial Studies
  28. Pairs Trading: Performance of a Relative-Value Arbitrage Rule
    Evan Gatev, William Nelson Goetzmann, K. Geert Rouwenhorst · 2006 · Review of Financial Studies
  29. False Discoveries in Mutual Fund Performance: Measuring Luck in Estimated Alphas
    BARRAS, LAURENT, SCAILLET, OLIVIER, WERMERS, RUSS · 2010 · The Journal of Finance
  30. The price of ethics and stakeholder governance: The performance of socially responsible mutual funds
    Luc D. R. Renneboog, Jenke ter Horst, Chendi Zhang · 2008 · Journal of Corporate Finance
  31. Measuring skill in the mutual fund industry
    Berk, Jonathan B., van Binsbergen, Jules H. · 2015 · Journal of Financial Economics
  32. The Persistence of Risk-Adjusted Mutual Fund Performance
    Edwin J. Elton, Martin J. Gruber, Christopher R. Blake · 1996 · The Journal of Business
  33. Artificial intelligence and machine learning in finance: Identifying foundations, themes, and research clusters from bibliometric analysis
    John W. Goodell, Satish Kumar, Weng Marc Lim, Debidutta Pattnaik · 2021 · Journal of Behavioral and Experimental Finance
  34. Tail Risk and Asset Prices
    Bryan Kelly, Hao Jiang · 2014 · Review of Financial Studies
  35. Characteristics are covariances: A unified model of risk and return
    Kelly, Bryan T., Pruitt, Seth, Su, Yinan · 2019 · Journal of Financial Economics
  36. Out of Sight, Out of Mind: The Effects of Expenses on Mutual Fund Flows*
    Barber, Brad M., Odean, Terrance, Zheng, Lu · 2005 · The Journal of Business
  37. Financial Intermediaries and the Cross‐Section of Asset Returns
    Tobias Adrian, Erkko M. Etula, Tyler Muir · 2014 · The Journal of Finance
  38. Excessive Extrapolation and the Allocation of 401(k) Accounts to Company Stock
    Shlomo Benartzi · 2001 · The Journal of Finance
  39. Unobserved Actions of Mutual Funds
    Marcin T. Kacperczyk, Clemens Sialm, Lu Zheng · 2006 · Review of Financial Studies
  40. Is Money Smart? A Study of Mutual Fund Investors' Fund Selection Ability
    Lu Zheng · 1999 · The Journal of Finance
  41. Do investors overvalue firms with bloated balance sheets?
    David A. Hirshleifer, Kewei Hou, Siew Hong Teoh, Yinglei Zhang · 2004 · Journal of Accounting and Economics
  42. A Flow-Based Explanation for Return Predictability
    Lou, Dong · 2012 · Review of Financial Studies
  43. Ex Ante Skewness and Expected Stock Returns
    JENNIFER S. CONRAD, Robert F. Dittmar, Éric Ghysels · 2009 · The Journal of Finance
  44. The Stock Market and Corporate Investment: A Test of Catering Theory
    Christopher Polk, Paola Sapienza · 2008 · Review of Financial Studies
  45. The Value of Active Mutual Fund Management: An Examination of the Stockholdings and Trades of Fund Managers
    Hsiu‐Lang Chen, Narasimhan Jegadeesh, Russ R. Wermers · 2000 · Journal of Financial and Quantitative Analysis
  46. Online Investors: Do the Slow Die First?
    Brad M. Barber, Terrance Odean B · 2002 · Review of Financial Studies
  47. Deep neural networks, gradient-boosted trees, random forests: Statistical arbitrage on the S&P 500
    Krauss, Christopher, Do, Xuan Anh, Huck, Nicolas · 2017 · European Journal of Operational Research
  48. Mutual Fund Attributes and Investor Behavior
    Nicolas P. B. Bollen · 2007 · Journal of Financial and Quantitative Analysis
  49. Red and blue investing: Values and finance
    Hong, Harrison, Kostovetsky, Leonard · 2012 · Journal of Financial Economics
  50. Investor psychology in capital markets: evidence and policy implications
    Kent Daniel, David A. Hirshleifer, Siew Hong Teoh · 2002 · Journal of Monetary Economics
  51. Inter-firm linkages and the wealth effects of financial distress along the supply chain☆
    Michael G. Hertzel, Z LI, M OFFICER, K RODGERS · 2007 · Journal of Financial Economics
  52. Is the abnormal return following equity issuances anomalous?
    Alon P. Brav, Christopher Charles Geczy, Paul A. Gompers · 2000 · Journal of Financial Economics
  53. Corporate Venture Capital, Value Creation, and Innovation
    Thomas J. Chemmanur, Elena Loutskina, Xuan Tian · 2011 · Review of Financial Studies
  54. The stocks at stake: Return and risk in socially responsible investment
    Rients Galema, Auke Plantinga, Bert Scholtens · 2008 · Journal of Banking & Finance
  55. Corporate Governance and Firm Value: The Impact of the 2002 Governance Rules
    Vidhi Chhaochharia, Yaniv Grinstein · 2007 · The Journal of Finance
  56. Taming the Factor Zoo: A Test of New Factors
    Guanhao Feng, Stefano Giglio, Dacheng Xiu · 2020 · The Journal of Finance
  57. Marketing and Firm Value: Metrics, Methods, Findings, and Future Directions
    Shuba Srinivasan, Dominique M. Hanssens · 2009 · WORLD SCIENTIFIC eBooks
  58. The Modeling and Assessment of Work Performance
    John P. Campbell, Brenton M. Wiernik · 2015 · Annual Review of Organizational Psychology and Organizational Behavior
  59. Asset Pricing at the Millennium
    John Y. Campbell · 2000 · The Journal of Finance
  60. Investor flows and the assessed performance of open-end mutual funds
    Roger M. Edelen · 1999 · Journal of Financial Economics
  61. Are US Industries Becoming More Concentrated?
    Gustavo Grullon, Yelena Larkin, Roni Michaely · 2019 · European Finance Review
  62. Short-Sale Strategies and Return Predictability
    Karl B. Diether, Kuan‐Hui Lee, Ingrid M. Werner · 2008 · Review of Financial Studies
  63. Disagreement, tastes, and asset prices
    Fama, Eugene F., French, Kenneth R. · 2007 · Journal of Financial Economics
  64. Superstar CEOs *
    Ulrike M. Malmendier, Geoffrey A. Tate · 2009 · The Quarterly Journal of Economics
  65. Shareholder activism and firms' voluntary disclosure of climate change risks
    Caroline Flammer, Michael W. Toffel, Kala Viswanathan · 2021 · Strategic Management Journal
  66. Does a long‐term orientation create value? Evidence from a regression discontinuity
    Caroline Flammer, Pratima Bansal · 2016 · Strategic Management Journal
  67. Momentum has its moments
    Pedro Barroso, Pedro Santa-clara B · 2014 · Journal of Financial Economics
  68. Do ETFs Increase Volatility?
    Itzhak Ben‐David, Francesco A. Franzoni, Rabih Moussawi · 2014 · The Journal of Finance
  69. Inside the ESG ratings: (Dis)agreement and performance
    Monica Billio, Michele Costola, Iva Hristova, Carmelo Latino, Loriana Pelizzon · 2021 · Corporate Social Responsibility and Environmental Management
  70. Mutual Fund Incubation
    Richard B. Evans · 2010 · The Journal of Finance
  71. The Characteristics that Provide Independent Information about Average U.S. Monthly Stock Returns
    Jeremiah Green, John R. M. Hand, Frank Zhang · 2017 · Review of Financial Studies
  72. The Pollution Premium
    Po-Hsuan Hsu, Kai Li, Chi-Yang Tsou · 2020 · The Journal of Finance
  73. Career Concerns of Mutual Fund Managers
    Judith A. Chevalier, Glenn Ellison · 1998 · National Bureau of Economic Research
  74. A Taxonomy of Anomalies and Their Trading Costs
    Novy-Marx, Robert, Velikov, Mihail · 2016 · Review of Financial Studies
  75. Extreme Governance: An Analysis of Dual-Class Firms in the United States
    Paul A. Gompers, Joy L. Ishii, Andrew Metrick · 2009 · Review of Financial Studies
  76. Do Domestic Investors Have an Edge? The Trading Experience of Foreign Investors in Korea
    Hyuk Choe, Bong‐Chan Kho, René M. Stulz · 2005 · Review of Financial Studies
  77. Socially responsible funds and market crises
    Nofsinger, John, Varma, Abhishek · 2014 · Journal of Banking & Finance
  78. Infected Markets: Novel Coronavirus, Government Interventions, and Stock Return Volatility around the Globe
    Adam Zaremba, Renatas Kizys, David Y. Aharon, Ender Demir · 2020 · Finance research letters
  79. Short-Term Persistence in Mutual Fund Performance
    Nicolas P. B. Bollen, Jeffrey A. Busse · 2004 · Review of Financial Studies
  80. Detecting Deceptive Discussions in Conference Calls
    David F. Larcker, Anastasia A. Zakolyukina · 2012 · Journal of Accounting Research
  81. Climate Change Concerns and the Performance of Green vs. Brown Stocks
    Ardia, David, Bluteau, Keven, Boudt, Kris, Inghelbrecht, Koen · 2023 · Management Science
  82. The Link Between Job Satisfaction and Firm Value, With Implications for Corporate Social Responsibility
    Alex Edmans · 2012 · Academy of Management Perspectives
  83. The Wages of Social Responsibility
    Statman, Meir, Glushkov, Denys · 2009 · Financial Analysts Journal
  84. Social Media and Firm Equity Value
    Xueming Luo, Jie Zhang, Wenjing Duan · 2012 · Information Systems Research
  85. Does Chatter Really Matter? Dynamics of User-Generated Content and Stock Performance
    Seshadri Tirunillai, Gerard J. Tellis · 2011 · Marketing Science
  86. Impact of ESG factors on firm risk in Europe
    Remmer Sassen, Anne-Kathrin Hinze, Inga Hardeck · 2016 · Journal of Business Economics
  87. Testing Asymmetric-Information Asset Pricing Models
    Bryan Kelly, Alexander P. Ljungqvist · 2012 · Review of Financial Studies
  88. Quality minus junk
    Clifford S. Asness, Andrea Frazzini, Lasse Heje Pedersen · 2018 · Review of Accounting Studies
  89. Can Twitter Help Predict Firm-Level Earnings and Stock Returns?
    Eli Bartov, Lucile Faurel, Partha S. Mohanram · 2016 · The Accounting Review
  90. Stock return predictability and model uncertainty
    D Avramov · 2002 · Journal of Financial Economics
  91. An Investigation of the Informational Role of Short Interest in the Nasdaq Market
    Hemang Desai, K. Ramesh, S. Ramu Thiagarajan, Bala V. Balachandran · 2002 · The Journal of Finance
  92. The wages of social responsibility — where are they? A critical review of ESG investing
    Gerhard Halbritter, Gregor Dorfleitner · 2015 · Review of Financial Economics
  93. What Factors Drive Global Stock Returns?
    Kewei Hou, George Andrew Karolyi, Bong‐Chan Kho · 2011 · Review of Financial Studies
  94. The Econometrics of Event Studies
    S.P. Kothari, Jerold B. Warner · 2004 · SSRN Electronic Journal
  95. Assessing the Costs and Benefits of Brokers in the Mutual Fund Industry
    Bergstresser, Daniel, Chalmers, John M. R., Tufano, Peter · 2009 · Review of Financial Studies
  96. The Power of Voice: Managerial Affective States and Future Firm Performance
    William J. Mayew, Mohan Venkatachalam · 2012 · The Journal of Finance
  97. What insiders know about future earnings and how they use it: Evidence from insider trades
    Bin Ke, Steven J. Huddart, Kathy Ruby Petroni · 2003 · Journal of Accounting and Economics
  98. Don't Believe the Hype: Local Media Slant, Local Advertising, and Firm Value
    Umit G. Gurun, Alexander W. Butler · 2012 · The Journal of Finance
  99. Product Differentiation, Search Costs, and Competition in the Mutual Fund Industry: A Case Study of S&P 500 Index Funds
    Alı Hortaçsu, Chad Syverson · 2004 · The Quarterly Journal of Economics
  100. Textual sentiment in finance: A survey of methods and models
    Colm Kearney, Sha Liu · 2014 · International Review of Financial Analysis