This paper analyzes hedge fund investors’ geographical preference and its implication for hedge fund performance. We document that funds of funds overweigh their investments in hedge funds located in the same cities by 6 to 15 percent. We also find that funds of funds with a stronger local bias exhibit superior performance. However, this local bias of funds of funds can adversely impact the hed...

The effects of a home-based physical exercise and support intervention on the psychological distress of informal caregivers providing care to people with dementia of a multi-component dyadic intervention on the psychological distress of family caregivers providing care to people with dementia: a randomized controlled trial. Abstract Background

The existing theoretical literature provides little justi…cation for a corporate debt subsidy. We illustrate the welfare bene…t of this subsidy and study how the social costs and bene…ts change with the duration of industry distress. In our model, two …rms engage in socially wasteful competition for survival in a declining industry. Firms di¤er on two dimensions: exogenous productivity and endo...

Do securitized loans differ from loans held on lenders’ balance sheets? If so, why? We assemble a unique dataset of commercial mortgages with information on loan characteristics at origination and subsequent performance. The most significant difference between securitized (CMBS) and balance sheet loans is the loan size. The largest loans are 42 percentage points more likely to be securitized th...

Purpose Reflective abilities are seen as helpful in improving patient-centered care and personal professional development and are therefore advocated especially in integrative care education, since integrative medicine involves personalized care. The aim of our study is twofold: To present (1) a qualitative evaluation of clinical students on a newly developed clinical reflective practice (CRP) ...

Reinforced cement concrete is getting extensively used for construction of different type of structures for the last one century. During this period, we have constructed many structures like buildings, bridges, industrial structures, pavement, water tanks etc. using this construction material. These structures have been created with huge investment of resources. It is essential to maintain thos...

Experts in finance and accounting select feature subset for corporate financial distress prediction according to their professional understanding of the characteristics of the features, while researchers in data mining often believe that data alone can tell everything and they use various mining techniques to search the feature subset without considering the financial and accounting meanings of...

guidance clinic, a reception centre, the management committee of a mental hospital, and the Marriage Guidance Council?-to give answers to the questions of puzzled and confused young people of all classes. In these experiences, the foreword says that she found herself tracing distress and disaster to their source in unhappy or broken homes. And the effect of the book would be to help young peopl...