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Post by account_disabled on May 1, 2024 22:40:30 GMT -5
The case study examines New Century s business model and accounting practices and focuses on the role of management audit committee and external auditors in the problems at New Century based on the findings of the Bankruptcy Examiner. Purchase this case harvardbusinessonline.hbsp.harvard b en common item detail.jhtml id PUBLICATIONS. Attracting Flows by Attracting Big Clients AUTHORS Lauren Cohen and Breno Schmidt PUBLICATION Journal of Finance forthcoming ABSTRACT We explore a new channel for attracting inflows using a unique dataset of corporate k retirement plans and their mutual fund family trustees. Families secure substantial inflows by being named the trustee of a k plan. We find that family trustees significantly overweight their k client firm s stock. Trustee overweighting is more pronounced when the relationship is more valuable to the trustee family and it is concentrated in those funds that receive the greatest benefit from the inflows. the client firm s stock the trustee does the opposite and significantly increases its holdings of the client. Brazil Phone Number List This overweighting is not explained by superior information. We also quantify the flow benefit to the trustee mutual funds of being included in the client firm s k plan and find that this inclusion has an economically and statistically large positive effect on inflows. Getting Off the Hedonic Treadmill One Step at a Time The Impact of Regular Religious Practice and Exercise on Well Being AUTHORS Daniel Mochon Michael I.
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