There is no one preeminent asset allocation scheme for delineating the role of long/short hedge funds in portfolios—it depends on an investor’s current positions and portfolio management structure. Approaches include allocating to an aggregate long/short category and populating the space with generalist managers that invest broadly. Alternatively, one can distinguish between geographic markets ...

This paper compares the ability level against the perceived importance of the Human Resource roles in the Malaysian government linked companies. The companies comprise of fourteen government linked companies that make up the G20 group of GLCs. These companies were chosen because they contribute to more than 70% of capitalization of the listed GLCs and have a workforce of nearly 148,000 headcoun...

The ability to incorporate and manage the different drivers of land-use change in a modeling process is one of the key challenges because they are complex and are both quantitative and qualitative in nature. This paper uses Bayesian belief networks (BBN) to incorporate characteristics of land managers in the modeling process and to enhance our understanding of land-use change based on the limit...

This paper explores the relationship between doctor managers and senior health service administrators (CEOs or General Managers) within the context of Australian health reform. Government funding for health services has become increasingly driven by government defined measurable performance targets and resources. These policy changes have implications for hospitals to be managed more cost effec...

this study investigates empirically the value investors place in excess cash holdingand how managerial ability impact on the value of cash holding for iranianfirms from 2006 to 2014. in this research, managerial ability calculated by usingthe data envelopment analysis (dea). following the approach of faulkender andwang, we find that the relation between managerial ability and value of cash hold...

This paper examines the ability of Australian active equity managers to provide superior risk adjusted performance. Utilising daily trade level data, we investigate the role of trade and manager characteristics in trading performance and market impact costs. In terms of trade characteristics, we find evidence of superior trade performance, where such performance is an increasing function of tra...

The question which we pose in this paper is under what conditions a firm should believe its competitors’ announcements. We have adopted a gaming framework (Shubik 1975) to capture the interaction between a sender who issues a price increase signal and who can choose between telling the truth and bluffing, and a receiver who has to decide whether or not to believe the sender. The manner in which...