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Hedge fund governance : evaluating oversight, independence, and conflicts /

Hedge Fund Governance: Evaluating Oversight, Independence and Conflicts summarizes the fundamental elements of hedge fund governance and principal perspectives on governance arguments. An authoritative reference on governance, it describes the tools needed for developing a flexible, comprehensive he...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Scharfman, Jason A., 1978- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: San Diego, CA : Elsevier, [2015]
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover
  • Title Page
  • Copyright Page
  • Dedication
  • Contents
  • Biography
  • Preface
  • Chapter 1
  • Introduction to Hedge Fund Governance
  • Introduction to the concept of governance
  • Why should investors care about hedge fund governance?
  • Governance: a vague concept?
  • How should investors think about hedge fund governance?
  • What hedge fund entities are investors looking at to promote good governance?
  • Distinguishing between governance and due diligence
  • Is governance controlled by the hedge fund board of directors?
  • Governance outside of hedge fundsThe origins of hedge fund governance lie in corporate governance
  • Historical perspectives on corporate governance
  • Investor-driven governance
  • Governance in the Prewar Period
  • The Postwar Era of Governance From the 1960s
  • Focus on Insider Trading in the United States
  • Rise of the Class Action Lawsuit
  • 1970s: The Decade of Governance
  • Rise of Agency Theory
  • 1980s Onwardâ€?The Growth of Modern Corporate Governance Reforms
  • A Growth in Governance Failures and Frauds at Large Corporations
  • Defining hedge fund governanceA universal definition of governance?
  • Is governance defined by perspective?
  • Who is responsible for hedge fund governance?
  • Is governance primarily an investment-related concept?
  • Distinguishing between governance and hedge fund activists
  • Hedge fund governance: a working definition
  • References
  • Chapter 2
  • Hedge Fund Board of Directors: A Governance Proxy?
  • Introduction to the hedge fund board of directors
  • Are vitriolic director criticisms merited? Clarifying a modest proposal
  • A Lack of Uniform Opinion About the Directorship IndustryInstitutional Investor Directorship Industry Objections
  • Wholesale Director Dismissalâ€?Throwing the Baby Out With the Bathwater?
  • Understanding hedge fund board structures
  • Offshore versus onshore hedge funds
  • Different types of hedge fund boards
  • Clarifying director terminology
  • A brief history of hedge fund directors
  • The forgotten master fund board
  • Legal Fiction or Effective Board?
  • Unmasking the Master Board Members
  • Ignoring the Master Boardâ€?Foolâ€?s Paradise or Blissful Ignorance?Why Investors Should Care About Master Boards
  • Who are these board members?
  • The expanding director talent poolâ€?a blessing and a curse?
  • Who decides who gets to be on the board?
  • Youâ€?re not who I hired!â€?the “associate directorâ€? bait and switch?
  • Director compensationâ€?a double standard?
  • What do directors actually do?
  • Director liabilityâ€?a few words about indemnification
  • Director delegation
  • References
  • Chapter 3
  • Regulatory Governance of Hedge Funds