The Experts below are selected from a list of 2811570 Experts worldwide ranked by ideXlab platform

Scott E Yonker - One of the best experts on this subject based on the ideXlab platform.

  • no place like home familiarity in mutual fund manager portfolio choice
    Review of Financial Studies, 2012
    Co-Authors: Veronika Krepely Pool, Noah Stoffman, Scott E Yonker
    Abstract:

    We show that familiarity affects the portfolio decisions of mutual fund managers. Controlling for fund location, funds overweight stocks from their managers' home states by 12% compared with their peers. In team-managed funds, home-state overweighting is 37% larger than the fund location effect. The home-state bias is stronger if the manager is inexperienced, is resource-constrained, or spent more time in his home state. Home-state stocks do not outperform other holdings, confirming that home-state investments are not informed. The overweighting also leads to excessively risky portfolios. The Author 2012. Published by Oxford University Press on behalf of The Society for Financial Studies. All rights reserved. For Permissions, please e-mail: journals.permissions@oup.com., Oxford University Press.

  • no place like home familiarity in mutual fund manager portfolio choice
    Social Science Research Network, 2012
    Co-Authors: Veronika Krepely Pool, Noah Stoffman, Scott E Yonker
    Abstract:

    We show that familiarity affects the portfolio decisions of mutual fund managers. Controlling for fund location, funds overweight stocks from their managers' home states by 12% compared to their peers. In team-managed funds, home-state overweighting is 37% larger than the fund location effect. The home-state bias is stronger if the manager is inexperienced, is resource-constrained, or spent more time in his home state. Home-state stocks do not outperform other holdings, confrming that home-state investments are not informed. The overweighting also leads to excessively risky portfolios.

Justin J P Jansen - One of the best experts on this subject based on the ideXlab platform.

  • a multilevel integrated framework of firm hr practices individual ambidexterity and organizational ambidexterity
    Journal of Management, 2019
    Co-Authors: Tom Mom, Yiying Chang, Magdalena Cholakova, Justin J P Jansen
    Abstract:

    Research on strategic human resource (HR) management and organizational ambidexterity has assumed that organizational ambidexterity originates from operational managers that pursue both exploratory and exploitative activities. Yet, multilevel insights are absent about how and through which mechanisms HR practices may actually facilitate operational manager ambidexterity and how their ambidexterity may result into organizational ambidexterity. Our multisource and multilevel data from 467 operational managers and 104 senior managers within 52 firms reveals that the top-down effects of ability- and motivation-enhancing HR practices on operational manager ambidexterity are partially mediated by their role breadth self-efficacy and intrinsic motivational orientation. Furthermore, we find that the bottom-up relationship between operational manager and organizational ambidexterity is contingent on firm opportunity-enhancing HR practices. With that, our study provides important new multilevel insights into the ef...

  • a multilevel integrated framework of firm hr practices individual ambidexterity and organizational ambidexterity
    ERIM Top-Core Articles, 2018
    Co-Authors: Tom Mom, Yiying Chang, Magdalena Cholakova, Justin J P Jansen
    Abstract:

    textabstractResearch on strategic human resource (HR) management and organizational ambidexterity has assumed that organizational ambidexterity originates from operational managers that pursue both exploratory and exploitative activities. Yet, multilevel insights are absent about how and through which mechanisms HR practices may actually facilitate operational manager ambidexterity and how their ambidexterity may result into organizational ambidexterity. Our multisource and multilevel data from 467 operational managers and 104 senior managers within 52 firms reveals that the top-down effects of ability- and motivation-enhancing HR practices on operational manager ambidexterity are partially mediated by their role breadth self-efficacy and intrinsic motivational orientation. Furthermore, we find that the bottom-up relationship between operational manager and organizational ambidexterity is contingent on firm opportunity-enhancing HR practices. With that, our study provides important new multilevel insights into the effectiveness of strategic HR systems in supporting individual and organizational ambidexterity.

Veronika Krepely Pool - One of the best experts on this subject based on the ideXlab platform.

  • no place like home familiarity in mutual fund manager portfolio choice
    Review of Financial Studies, 2012
    Co-Authors: Veronika Krepely Pool, Noah Stoffman, Scott E Yonker
    Abstract:

    We show that familiarity affects the portfolio decisions of mutual fund managers. Controlling for fund location, funds overweight stocks from their managers' home states by 12% compared with their peers. In team-managed funds, home-state overweighting is 37% larger than the fund location effect. The home-state bias is stronger if the manager is inexperienced, is resource-constrained, or spent more time in his home state. Home-state stocks do not outperform other holdings, confirming that home-state investments are not informed. The overweighting also leads to excessively risky portfolios. The Author 2012. Published by Oxford University Press on behalf of The Society for Financial Studies. All rights reserved. For Permissions, please e-mail: journals.permissions@oup.com., Oxford University Press.

  • no place like home familiarity in mutual fund manager portfolio choice
    Social Science Research Network, 2012
    Co-Authors: Veronika Krepely Pool, Noah Stoffman, Scott E Yonker
    Abstract:

    We show that familiarity affects the portfolio decisions of mutual fund managers. Controlling for fund location, funds overweight stocks from their managers' home states by 12% compared to their peers. In team-managed funds, home-state overweighting is 37% larger than the fund location effect. The home-state bias is stronger if the manager is inexperienced, is resource-constrained, or spent more time in his home state. Home-state stocks do not outperform other holdings, confrming that home-state investments are not informed. The overweighting also leads to excessively risky portfolios.

Tom Mom - One of the best experts on this subject based on the ideXlab platform.

  • a multilevel integrated framework of firm hr practices individual ambidexterity and organizational ambidexterity
    Journal of Management, 2019
    Co-Authors: Tom Mom, Yiying Chang, Magdalena Cholakova, Justin J P Jansen
    Abstract:

    Research on strategic human resource (HR) management and organizational ambidexterity has assumed that organizational ambidexterity originates from operational managers that pursue both exploratory and exploitative activities. Yet, multilevel insights are absent about how and through which mechanisms HR practices may actually facilitate operational manager ambidexterity and how their ambidexterity may result into organizational ambidexterity. Our multisource and multilevel data from 467 operational managers and 104 senior managers within 52 firms reveals that the top-down effects of ability- and motivation-enhancing HR practices on operational manager ambidexterity are partially mediated by their role breadth self-efficacy and intrinsic motivational orientation. Furthermore, we find that the bottom-up relationship between operational manager and organizational ambidexterity is contingent on firm opportunity-enhancing HR practices. With that, our study provides important new multilevel insights into the ef...

  • a multilevel integrated framework of firm hr practices individual ambidexterity and organizational ambidexterity
    ERIM Top-Core Articles, 2018
    Co-Authors: Tom Mom, Yiying Chang, Magdalena Cholakova, Justin J P Jansen
    Abstract:

    textabstractResearch on strategic human resource (HR) management and organizational ambidexterity has assumed that organizational ambidexterity originates from operational managers that pursue both exploratory and exploitative activities. Yet, multilevel insights are absent about how and through which mechanisms HR practices may actually facilitate operational manager ambidexterity and how their ambidexterity may result into organizational ambidexterity. Our multisource and multilevel data from 467 operational managers and 104 senior managers within 52 firms reveals that the top-down effects of ability- and motivation-enhancing HR practices on operational manager ambidexterity are partially mediated by their role breadth self-efficacy and intrinsic motivational orientation. Furthermore, we find that the bottom-up relationship between operational manager and organizational ambidexterity is contingent on firm opportunity-enhancing HR practices. With that, our study provides important new multilevel insights into the effectiveness of strategic HR systems in supporting individual and organizational ambidexterity.

Noah Stoffman - One of the best experts on this subject based on the ideXlab platform.

  • no place like home familiarity in mutual fund manager portfolio choice
    Review of Financial Studies, 2012
    Co-Authors: Veronika Krepely Pool, Noah Stoffman, Scott E Yonker
    Abstract:

    We show that familiarity affects the portfolio decisions of mutual fund managers. Controlling for fund location, funds overweight stocks from their managers' home states by 12% compared with their peers. In team-managed funds, home-state overweighting is 37% larger than the fund location effect. The home-state bias is stronger if the manager is inexperienced, is resource-constrained, or spent more time in his home state. Home-state stocks do not outperform other holdings, confirming that home-state investments are not informed. The overweighting also leads to excessively risky portfolios. The Author 2012. Published by Oxford University Press on behalf of The Society for Financial Studies. All rights reserved. For Permissions, please e-mail: journals.permissions@oup.com., Oxford University Press.

  • no place like home familiarity in mutual fund manager portfolio choice
    Social Science Research Network, 2012
    Co-Authors: Veronika Krepely Pool, Noah Stoffman, Scott E Yonker
    Abstract:

    We show that familiarity affects the portfolio decisions of mutual fund managers. Controlling for fund location, funds overweight stocks from their managers' home states by 12% compared to their peers. In team-managed funds, home-state overweighting is 37% larger than the fund location effect. The home-state bias is stronger if the manager is inexperienced, is resource-constrained, or spent more time in his home state. Home-state stocks do not outperform other holdings, confrming that home-state investments are not informed. The overweighting also leads to excessively risky portfolios.