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Keywords: delegated portfolio management
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Journal Articles
Journal:
The Accounting Review
The Accounting Review (2021) 96 (1): 171–198.
Published: 01 January 2021
... curtails the misuse of network relationships and induces funds to use their connections to better serve fund investors. Our paper contributes to two streams of the literature. First, we contribute to research on the agency conflicts in delegated portfolio management. Studies find that the agency costs...