1997 and 2002. The study suggests there may be scope for further gains in the relative performance of Australian terminals. …

We analyze the relation of firm performance and managerial turnover in 19th century German banking by probit estimation …. This period covers a major reform of corporate governance. Before the reform performance and turnover are unrelated, wheras … after the reform more succesfull managers leave firms more seldom. However, only short run performance matters. …

hedge funds performance using various asset-pricing models, including an extension form of Carhart's (1997) model combined …, Equity non- Hedge and Sector funds. We analyse the performance of ehdge funds and the persistence in performance for … calculations for several individual hedge fund strategies. We showed there is a proof of persistence in performance in some cases …