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Why Constrain Your Mutual Fund Manager?
We examine the form, adoption rates, and economic rationale for the investment restrictions found in the contracts between mutual fund investors and managers. Based on a sample of U.S. domesticExpand
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Corporate Governance, Incentives, and Industry Consolidations
This paper studies the determinants of the success of industry consolidations using a unique sample of firms established at the time of their initial public offering: roll-up IPOs. In theseExpand