This article analyzes the determinants of capital structure of Tunisian companies in the light of various financial theories. We test empirically with a panel data approach, the three main theoretical frameworks addressing the capital structure of company; the Trade-off Theory, the Pecking Order...

This study analyzes the market timing skill of Socially Responsible Investing (SRI) fund managers of North America and Europe. We use a broad sample of 248 North American and 500 European SRI funds for the period of January 2001 - December 2011. Our result indicates that market timing skill...

To date analyses of Danish mutual fund performance have been few and mainly pursued by mutual funds themselves or by the Association of Danish Mutual Funds (www.ifr.dk). The purpose of <p> this paper is to provide the first independent performance analysis of Danish mutual funds, which includes 44...</p>

Funds under management by Danish mutual funds have increased by 25% annually during the last 10 years and measured per capita Denmark has the third largest mutual fund industry in Europe. This paper provides the first independent performance analysis of Danish mutual funds. We analyse...