Purpose – This paper aims to contribute the existing finance literature by examining whether the ratings of Morningstar in Australia provide useful information for an investor by way of investigating the efficiency of domestic Australian equity funds that received a rating as at November 2005....

Purpose – This paper aims to contribute the existing finance literature by examining whether the ratings of Morningstar in Australia provide useful information for an investor by way of investigating the efficiency of domestic Australian equity funds that received a rating as at November 2005....

Outlines previous research on measuring the performance of investment funds, suggesting that data envelopment analysis (DEA) techniques can overcome some of the problems of the capital asset pricing model and give pointers for improvement. Uses DEA to assess the relative performance of 257...

Purpose – The purpose of this paper is to investigate the profitability of momentum investment strategy and the predictive power of trading volume for equities listed in the Australian Stock Exchange. Design/methodology/approach – Following the Lee and Swaminathan's approach, portfolios on...

Purpose – This study sought to clarify potentially conflicting results from two prior studies examining the “home advantage”, and possible “umpire bias”, in the Australian Football League (AFL). Design/methodology/approach – Using categorical regression analysis, and controlling for...

Purpose – While some previous research supports the existence of a finance gap within the small and medium enterprise (SME) sector, particularly for female owned SMEs, the evidence is hardly unequivocal. Further, much of the prior research has focused on supply‐ rather than demand‐side...

Purpose – The question of whether female‐owned firms underperform male‐owned firms has triggered much research and discussion. Klapper and Parker's review concluded that the majority of prior research suggests that female‐owned firms underperform relative to male‐owned firms. However,...