The Performance of Hedge Funds: Risk, Return, and Incentives

Theory of the firm: Managerial behavior, agency costs and ownership structure

1976 • 62,465 citations

Common risk factors in the returns on stocks and bonds

1993 • 26,177 citations

Moral Hazard and Observability

1979 • 8,356 citations

On the Impossibility of Informationally Efficient Markets

1980 • 4,825 citations

THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945-1964

1968 • 4,463 citations

The Economic Theory of Agency: The Principal's Problem.

1973 • 4,084 citations

On the impossibility of informationally efficient markets

1980 • 3,972 citations

Mutual Fund Performance

1966 • 3,489 citations

Costly Search and Mutual Fund Flows

1998 • 3,255 citations

Asset allocation

1992 • 1,628 citations

Returns from Investing in Equity Mutual Funds 1971 to 1991

1995 • 1,493 citations

The effects of management buyouts on operating performance and value

1989 • 1,349 citations

Empirical Characteristics of Dynamic Trading Strategies: The Case of Hedge Funds

1997 • 1,349 citations

Survivorship Bias in Performance Studies

1992 • 1,161 citations

Consumer Reaction to Measures of Poor Quality: Evidence from the Mutual Fund Industry

1992 • 1,130 citations

Efficiency with Costly Information: A Reinterpretation of Evidence from Managed Portfolios

1993 • 911 citations

Performance Persistence

1995 • 675 citations

Efficiency With Costly Information: A Study of Mutual Fund Performance, 1965-1984

1989 • 664 citations

Radio Spectrum Allocation: Role of the Market

2016 • 618 citations

Survivor Bias and Mutual Fund Performance

1996 • 585 citations

Offshore Hedge Funds: Survival and Performance, 1989–95

1999 • 532 citations

Top management turnover an empirical investigation of mutual fund managers

1996 • 373 citations

An Analysis of Compensation in the US Venture Capital Partnership

1994 • 367 citations

Performance Incentive Fees: An Agency Theoretic Approach

1987 • 303 citations

Professionally Managed, Publicly Traded Commodity Funds

1987 • 161 citations

Empirical Tests of a Principal-Agent Model of the Investor-Investment Advisor Relationship

1992 • 133 citations

Do managed futures make good investments?

1996 • 72 citations

Mutual Fund Survivorship

2000 • 59 citations

Investment performance of public commodity pools: 1979‐1990

1993 • 32 citations

Hedge Funds : Investment and Portfolio Strategies for the Institutional Investor

1995 • 19 citations

Mutual Fund Survivorship

1997 • 11 citations