How Are Derivatives Used? Evidence from the Mutual Fund Industry

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1997 • 2,276 citations

Measuring Fund Strategy and Performance in Changing Economic Conditions

1996 • 1,677 citations

Returns from Investing in Equity Mutual Funds 1971 to 1991

1995 • 1,493 citations

Who Manages Risk? An Empirical Examination of Risk Management Practices in the Gold Mining Industry

1996 • 1,378 citations

On Market Timing and Investment Performance Part II: Statistical Procedures for Evaluating Forecasting Skills

2015 • 1,341 citations

Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry

1996 • 1,310 citations

On Market Timing and Investment Performance. II. Statistical Procedures for Evaluating Forecasting Skills

1981 • 1,280 citations

On the Determinants of Corporate Hedging

1993 • 1,246 citations

Why Firms Use Currency Derivatives

1997 • 1,225 citations

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

1992 • 1,130 citations

Aggregate mutual fund flows and security returns

1995 • 770 citations

Intertemporal asset pricing

1990 • 647 citations

R2

1988 • 562 citations

A Compound Events Model for Security Prices

1967 • 463 citations

Evaluating the Performance of International Mutual Funds

1990 • 396 citations

Financial innovation and the management and regulation of financial institutions

1995 • 365 citations

Adverse Risk Incentives and the Design of Performance-Based Contracts

1989 • 221 citations

Closed-end fund premia and returns implications for financial market equilibrium

1995 • 204 citations

Problems in Evaluating the Performance of Portfolios with Options

1985 • 78 citations

Option Portfolio Strategies: Measurement and Evaluation

1984 • 69 citations

Mutual Fund Survivorship

2000 • 59 citations

Futures Markets: Their Economic Role

1985 • 57 citations

The economics of hedging and spreading in futures markets

1981 • 29 citations

Corporate hedging in the insurance industry: the use of financial derivatives by U.S. insurers

1996 • 27 citations

Performance Evaluation with Stochastic Discount Factors

2002 • 23 citations

The Relation between Mutual-Fund Flow, Trading Activity and Performance

1996 • 2 citations