Alexander Kempf

University of Cologne - Department of Finance & Centre for Financial Research (CFR)

Cologne, 50923

Germany

SCHOLARLY PAPERS

36

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Top 2,075

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22,687

SSRN CITATIONS
Rank 3,781

SSRN RANKINGS

Top 3,781

in Total Papers Citations

154

CROSSREF CITATIONS

202

Scholarly Papers (36)

1.

On the Estimation of the Global Minimum Variance Portfolio

Number of pages: 20 Posted: 09 Apr 2003
Alexander Kempf and Christoph Memmel
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and Deutsche Bundesbank
Downloads 2,848 (6,557)
Citation 2

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Global Minimum Variance Portfolio, Estimation Risk

2.

Estimating the Global Minimum Variance Portfolio

Schmalenbach Business Review, Vol. 58, October 2006
Number of pages: 18 Posted: 26 Oct 2006
Christoph Memmel and Alexander Kempf
Deutsche Bundesbank and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 1,536 (17,405)
Citation 7

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Estimation Risk, Global Minimum Variance Portfolio, Weight Estimation

3.

Team Management and Mutual Funds

CFR Working Paper No. 05-10
Number of pages: 53 Posted: 06 Oct 2005
Michaela Baer, Alexander Kempf and Stefan Ruenzi
University of Cologne, Centre for Financial Research (CFR), University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance
Downloads 1,413 (19,709)
Citation 33

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Mutual Funds, Team Management, Performance, Risk-Taking, Investment Style, Fund Flows

The Cross-Section of German Stock Returns: New Data and New Evidence

Number of pages: 36 Posted: 04 Aug 2010
University of Cologne - Faculty of Management, Economics and Social Sciences, University of Cologne - Department of FinanceUniversity of Cologne - Centre for Financial Research (CFR), University of Cologne - Department of Finance & Centre for Financial Research (CFR), University of Bonn and University of Mannheim - Finance Area
Downloads 855 (40,165)
Citation 9

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Asset Pricing, Fama, French, Carhart, Characteristics, Risk Factors, Value, Size, Momentum, Germany

The Cross-Section of German Stock Returns: New Data and New Evidence

Schmalenbach Business Review, Vol. 64, January 2012, pp. 20-43
Number of pages: 24 Posted: 04 Apr 2012
University of Cologne - Faculty of Management, Economics and Social Sciences, University of Cologne - Department of FinanceUniversity of Cologne - Centre for Financial Research (CFR), University of Cologne - Department of Finance & Centre for Financial Research (CFR), University of Bonn - The Bonn Graduate School of Economics and University of Mannheim - Finance Area
Downloads 508 (79,057)

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Asset Pricing, Carhart, Fama, French, Germany, Characteristics, Momentum, Risk Factors, Size, Value

5.

Market Depth and Order Size

Number of pages: 25 Posted: 16 Apr 1997
Olaf Korn and Alexander Kempf
University of Goettingen (Göttingen) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 1,228 (24,336)
Citation 5

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6.

Portfolio Optimization Using Forward-Looking Information

Forthcoming in: Review of Finance
Number of pages: 36 Posted: 29 Feb 2012 Last Revised: 25 Jan 2014
Alexander Kempf, Olaf Korn and Sven Sassning
University of Cologne - Department of Finance & Centre for Financial Research (CFR), University of Goettingen (Göttingen) and Georg-August-Universität Göttingen
Downloads 1,214 (24,721)
Citation 2

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portfolio selection, option-implied information

7.
Downloads 1,197 ( 25,245)
Citation 44

Tournaments in Mutual Fund Families

Number of pages: 36 Posted: 01 Sep 2003
Alexander Kempf and Stefan Ruenzi
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance
Downloads 1,197 (24,833)
Citation 44

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Intra-Firm Competition, Mutual Funds, Risk-Taking, Rank-Order Tournaments, Family Tournament

Tournaments in Mutual-Fund Families

Review of Financial Studies, Vol. 21, Issue 2, pp. 1013-1036, 2008
Posted: 26 Jun 2008
Alexander Kempf and Stefan Ruenzi
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance

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G20, G23, J49

8.

Liquidity and its Impact on Bond Prices

Schmalenbach Business Review, Vol. 52, January 2000
Number of pages: 19 Posted: 03 Jun 2002
Marliese Uhrig-Homburg and Alexander Kempf
Karlsruhe Institute of Technology (KIT) - Institute for Finance and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 1,115 (28,013)

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9.

Resiliency, the Neglected Dimension of Market Liquidity: Empirical Evidence from the New York Stock Exchange

Number of pages: 47 Posted: 05 Mar 2007
Jiwei Dong, Alexander Kempf and Pradeep K. Yadav
Lancaster University - Department of Accounting and Finance, University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Oklahoma Price College of Business
Downloads 1,062 (30,018)
Citation 9

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Market Microstructure, Liquidity, Resiliency

10.

Family Matters: The Performance Flow Relationship in the Mutual Fund Industry

Number of pages: 26 Posted: 10 May 2004
Alexander Kempf and Stefan Ruenzi
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance
Downloads 961 (34,611)
Citation 11

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Mutual Funds, Fund Families, Performance Flow Relationship

11.

Market Timing and Security Market Line Analysis

Number of pages: 29 Posted: 14 Apr 2003
Alexander Kempf and Klaus Kreuzberg
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Cologne - Department of Finance
Downloads 784 (45,721)
Citation 10

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Performance, Market Timing, Mutual Fund, Security Market Line Analysis, Bias-in-Beta

The Investment Value of Fund Managers’ Experience Outside the Financial Sector

Number of pages: 55 Posted: 21 Sep 2014 Last Revised: 11 Jun 2017
University of Kansas - School of Business, University of Mannheim - Finance Area, University of Cologne and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 549 (71,737)
Citation 10

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Investor Learning, Investor Experience, Mutual funds

The Investment Value of Fund Managers’ Experience Outside the Financial Sector

The Review of Financial Studies, Forthcoming
Number of pages: 52 Posted: 26 Feb 2018
University of Kansas - School of Business, University of Mannheim - Finance Area, University of Cologne and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 191 (223,556)

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Investor Learning, Investor Experience, Mutual funds

13.

The Valuation of Hedge Funds' Equity Positions

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming, AFA 2012 Chicago Meetings Paper
Number of pages: 47 Posted: 24 Aug 2010 Last Revised: 26 Apr 2016
Gjergji Cici, Alexander Kempf and Alexander Puetz
University of Kansas - School of Business, University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Cologne - Department of Finance
Downloads 686 (54,649)
Citation 6

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Hedge Funds, Return Management, Valuation Deviations

14.

Short Selling, Unwinding, and Mispricing

Number of pages: 33 Posted: 04 Nov 1997
Alexander Kempf
University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 619 (62,342)
Citation 2

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15.
Downloads 601 ( 64,731)

Trading System and Market Integration

96-02
Number of pages: 22 Posted: 01 Feb 1997
Olaf Korn and Alexander Kempf
University of Goettingen (Göttingen) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 601 (63,960)

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Trading System and Market Integration

Posted: 21 Sep 1998
Olaf Korn and Alexander Kempf
University of Goettingen (Göttingen) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)

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16.

Employment Risk, Compensation Incentives and Managerial Risk Taking: Evidence from the Mutual Fund Industry

Number of pages: 36 Posted: 26 Feb 2007
Alexander Kempf, Tanja Thiele and Stefan Ruenzi
University of Cologne - Department of Finance & Centre for Financial Research (CFR), University of Cologne - Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance
Downloads 576 (68,297)
Citation 21

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Managerial Risk Taking, Employment Risk, Compensation Incentives, Mutual Funds, Restrictions

17.
Downloads 474 ( 86,826)
Citation 2

Speed of Information Diffusion within Fund Families

Number of pages: 45 Posted: 19 Feb 2015 Last Revised: 17 Sep 2016
Gjergji Cici, Stefan Jaspersen and Alexander Kempf
University of Kansas - School of Business, University of Cologne - Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 474 (86,032)
Citation 2

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Information diffusion, mutual fund performance, fund families, investment behavior, organizational structures

Speed of Information Diffusion within Fund Families

Review of Asset Pricing Studies, Forthcoming
Posted: 19 Sep 2016
Gjergji Cici, Stefan Jaspersen and Alexander Kempf
University of Kansas - School of Business, University of Cologne - Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)

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Information Diffusion, Mutual Fund Performance, Fund Families, Investment Behavior, Organizational Structures

18.

Is a Team Different from the Sum of its Parts? Evidence from Mutual Fund Managers

Number of pages: 43 Posted: 05 Mar 2008 Last Revised: 30 Mar 2011
Michaela Baer, Alexander Kempf and Stefan Ruenzi
University of Cologne, Centre for Financial Research (CFR), University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance
Downloads 441 (94,735)
Citation 1

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Mutual Funds, Team Management, Investment Behaviour

Status Quo Bias and the Number of Alternatives: An Empirical Illustration from the Mutual Fund Industry

CFR Working Paper No. 05-07
Number of pages: 34 Posted: 19 Oct 2005
Alexander Kempf and Stefan Ruenzi
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance
Downloads 418 (99,670)
Citation 6

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Status Quo Bias, Mutual Funds, Number of Alternatives, Performance Flow Relationship

Status Quo Bias and the Number of Alternatives: An Empirical Illustration from the Mutual Fund Industry

Journal of Behavioral Finance, Vol. 7, No. 4, pp. 204-213, 2006
Posted: 04 Dec 2006
Alexander Kempf and Stefan Ruenzi
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance

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Status Quo Bias, Mutual Funds, Number of Alternatives, Performance Flow Relationship

Determinants of Expected Stock Returns: Large Sample Evidence from the German Market

Number of pages: 37 Posted: 06 Aug 2010 Last Revised: 28 Jul 2011
University of Cologne - Faculty of Management, Economics and Social Sciences, University of Cologne - Department of FinanceUniversity of Cologne - Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 362 (117,652)
Citation 1

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asset pricing, characteristics, risk factors, multifactor models, Germany

Determinants of Expected Stock Returns: Large Sample Evidence from the German Market

Journal of Business Finance & Accounting, Vol. 39, Issue 5‐6, pp. 758-784, 2012
Number of pages: 27 Posted: 05 Jul 2012
University of Cologne - Faculty of Management, Economics and Social Sciences, University of Cologne - Department of FinanceUniversity of Cologne - Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 6 (881,285)
Citation 2

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asset pricing, characteristics, risk factors, multifactor models, Germany

21.

The Impact of Labor Mobility Restrictions on Managerial Actions: Evidence from the Mutual Fund Industry

AFA 2019 Atlanta Meetings Paper, Journal of Banking and Finance, Vol. 122, 2021
Number of pages: 55 Posted: 02 Apr 2018 Last Revised: 27 Dec 2021
Gjergji Cici, Mario Hendriock and Alexander Kempf
University of Kansas - School of Business, University of Cologne - Department of Finance and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 357 (120,654)
Citation 4

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labor mobility, non-compete clauses, mutual funds, career concerns

Do Financial Advisors Provide Tangible Benefits for Investors? Evidence from Tax-Motivated Mutual Fund Flows

EFA 2014 Lugano Meetings Paper
Number of pages: 42 Posted: 18 Nov 2012 Last Revised: 03 Mar 2016
Gjergji Cici, Alexander Kempf and Christoph Sorhage
University of Kansas - School of Business, University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 218 (198,081)

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Mutual funds; Taxable fund distributions; Financial advisors

Do Financial Advisors Provide Tangible Benefits for Investors? Evidence from Tax-Motivated Mutual Fund Flows

Review of Finance, Forthcoming
Number of pages: 43 Posted: 05 Mar 2016 Last Revised: 21 Mar 2016
Gjergji Cici, Alexander Kempf and Christoph Sorhage
University of Kansas - School of Business, University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 112 (343,064)
Citation 2

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Mutual funds, Taxable fund distributions, Financial advisors

Low Risk and High Return – Affective Attitudes and Stock Market Expectations

This is the accepted version of the following article: Kempf, A., Merkle, C. and Niessen-Ruenzi, A. (2014), Low Risk and High Return – Affective Attitudes and Stock Market Expectations. European Financial Management, 20: 995–1030, which has been published in final form at doi: 10.1111/eufm.12001.
Number of pages: 51 Posted: 11 Feb 2009 Last Revised: 22 Sep 2016
University of Cologne - Department of Finance & Centre for Financial Research (CFR), Aarhus University and University of Mannheim, Department of FinanceUniversity of Mannheim - Department of Finance
Downloads 324 (132,791)

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Emotions, Risk and Return Expectations, Behavioral Finance, Affect Heuristic

Low Risk and High Return – Affective Attitudes and Stock Market Expectations

European Financial Management, Vol. 20, Issue 5, pp. 995-1030, 2014
Number of pages: 36 Posted: 31 Oct 2014
University of Cologne - Department of Finance & Centre for Financial Research (CFR), Aarhus University and University of Mannheim, Department of FinanceUniversity of Mannheim - Department of Finance
Downloads 0

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affective attitudes, risk and return expectations, behavioural finance, affect heuristic

24.

The Impact of Duality on Managerial Decisions and Performance: Evidence from the Mutual Fund Industry

Number of pages: 47 Posted: 25 Aug 2012 Last Revised: 04 Nov 2013
Alexander Kempf, Alexander Puetz and Florian Sonnenburg
University of Cologne - Department of Finance & Centre for Financial Research (CFR), University of Cologne - Department of Finance and University of Cologne - Centre for Financial Research (CFR)
Downloads 308 (140,855)
Citation 1

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Manager duality, governance, managerial decisions, agency conflicts, mutual funds

25.

#MeToo Meets the Mutual Fund Industry: Productivity Effects of Sexual Harassment

Finance Research Letters, Vol. 40, 2021
Number of pages: 20 Posted: 30 Aug 2019 Last Revised: 02 Jul 2021
University of Kansas - School of Business, University of Cologne - Department of Finance, University of Cologne - Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 293 (148,399)

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Sexual Harassment, Mutual Fund Performance, Gender Discrimination, Organizational Frictions, Human Capital

Fundamental Information in Technical Trading Strategies

Number of pages: 21 Posted: 12 Sep 2008 Last Revised: 25 Jan 2014
Ute Bonenkamp, Carsten Homburg and Alexander Kempf
University of Cologne - Department of Accounting, University of Cologne and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 274 (158,171)
Citation 1

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Momentum effect, trading strategy, technical trading, fundamental analysis

Fundamental Information in Technical Trading Strategies

Journal of Business Finance & Accounting, Vol. 38, Issue 7‐8, pp. 842-860, 2011
Number of pages: 19 Posted: 13 Oct 2011
Ute Bonenkamp, Carsten Homburg and Alexander Kempf
University of Cologne - Department of Accounting, University of Cologne and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 3 (920,530)

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momentum effect, market anomalies, trading strategies, technical trading, fundamental analysis

27.

Trading Efficiency of Fund Families: Impact on Fund Performance and Investment Behavior

EFA 2015 Vienna Meetings Paper
Number of pages: 47 Posted: 24 Oct 2014 Last Revised: 12 Jan 2016
Gjergji Cici, Laura Dahm and Alexander Kempf
University of Kansas - School of Business, University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 262 (166,169)
Citation 6

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Mutual funds; fund families; trading efficiency; fund performance; investment behavior

28.

Forward-Looking Measures of Higher-Order Dependencies with an Application to Portfolio Selection

Number of pages: 35 Posted: 27 Jan 2014 Last Revised: 19 May 2016
Felix Brinkmann, Alexander Kempf and Olaf Korn
University of Goettingen (Göttingen), University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Goettingen (Göttingen)
Downloads 207 (208,029)

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option-implied information, dependence measures, higher moments, portfolio selection

29.

Commonalities in Liquidity in Pure Order-Driven Markets

Number of pages: 39 Posted: 09 Mar 2005
Daniel L. Mayston and Alexander Kempf
University of Cologne - Department of Finance and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 190 (224,699)

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Market Microstructure, Order-Driven Markets, Liquidity Commonalities

30.

Finding your calling: Matching skills with jobs in the mutual fund industry

Number of pages: 67 Posted: 21 Jan 2021 Last Revised: 28 Jul 2022
Gjergji Cici, Mario Hendriock and Alexander Kempf
University of Kansas - School of Business, University of Cologne - Department of Finance and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 123 (319,120)

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human capital, mutual funds, occupational match finding

31.

The Value of Tradeability

Swiss Finance Institute Research Paper No. 11-37
Number of pages: 46 Posted: 21 Sep 2011
Marc Chesney and Alexander Kempf
University of Zurich - Department of Banking and Finance and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 116 (332,782)
Citation 2

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Tradeability, Liquidity, Option Pricing

32.

Knowledge Spillovers in the Mutual Fund Industry Through Labor Mobility

Number of pages: 44 Posted: 12 Feb 2019 Last Revised: 01 Mar 2019
Gjergji Cici, Alexander Kempf and Claudia Peitzmeier
University of Kansas - School of Business, University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Cologne - Centre for Financial Research (CFR)
Downloads 111 (343,180)

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Organization Capital, Knowledge Spillovers, Mutual Funds, Learning-by-Hiring

33.
Downloads 97 (375,150)
Citation 14

SRI Funds: Nomen Est Omen

Number of pages: 26 Posted: 06 Mar 2008
Alexander Kempf and Peer C. Osthoff
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Cologne - Centre for Financial Research (CFR)
Downloads 92 (391,114)

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Socially Responsible Mutual Funds, Socially Responsible Investing, Ethical Investment

SRI Funds: Nomen est Omen

Journal of Business Finance & Accounting, Vol. 35, Issue 9-10, pp. 1276-1294, November/December 2008
Number of pages: 19 Posted: 21 Nov 2008
Alexander Kempf and Peer C. Osthoff
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Cologne - Centre for Financial Research (CFR)
Downloads 5 (893,433)
Citation 1

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34.

The Effect of Socially Responsible Investing on Portfolio Performance

European Financial Management, Vol. 13, No. 5, pp. 908-922, November 2007
Number of pages: 15 Posted: 26 Oct 2007
Peer C. Osthoff and Alexander Kempf
University of Cologne - Centre for Financial Research (CFR) and University of Cologne - Department of Finance & Centre for Financial Research (CFR)
Downloads 36 (603,636)
Citation 23

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35.

Family Matters: Rankings within Fund Families and Fund Inflows

Journal of Business Finance & Accounting, Vol. 35, Issue 1-2, pp. 177-199, January-March 2008
Number of pages: 23 Posted: 15 Feb 2008
Alexander Kempf and Stefan Ruenzi
University of Cologne - Department of Finance & Centre for Financial Research (CFR) and University of Mannheim - Department of International Finance
Downloads 12 (785,519)
Citation 2

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36.

The Value of the Early Unwind Option in Futures Contracts with an Endogenous Basis

94-02
Posted: 05 Jul 1998
Wolfgang Bühler, Wolfgang Bühler and Alexander Kempf
University of New South Wales, Australian Business SchoolUniversity of Mannheim - Department of Business Administration and Finance and University of Cologne - Department of Finance & Centre for Financial Research (CFR)

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