| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14078 |
| 来源ID | Working Paper 14078 |
| Managing Public Investment Funds: Best Practices and New Challenges | |
| Olivia S. Mitchell; John Piggott; Cagri Kumru | |
| 发表日期 | 2008-06-10 |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | Large publicly-held pools of assets are playing an increasingly prominent role in the global investment arena. We compare three distinct forms of such public funds, namely foreign exchange reserve funds, sovereign wealth funds, and public pension funds, to highlight their differences and similarities. We review previous studies on ways to better secure prudent and economically sound public fund management practices in these funds, as well as how to evaluate their governance and investment policies and how to better protect the assets from political interference. Drawing from the pension and corporate finance literature, we also link their management to governance practices and country-specific characteristics, and contrast those with empirical findings on linkages with corporate governance. |
| 主题 | Financial Economics ; Financial Markets ; Financial Institutions ; Corporate Finance ; Public Economics ; National Fiscal Issues |
| URL | https://www.nber.org/papers/w14078 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571752 |
| 推荐引用方式 GB/T 7714 | Olivia S. Mitchell,John Piggott,Cagri Kumru. Managing Public Investment Funds: Best Practices and New Challenges. 2008. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14078.pdf（192KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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