A Few Bad Apples? Scandalous Behavior of Mutual Fund Managers

Abstract

agency duality, agency theory, ethics, mutual funds, retirement benefits, reward structures,

Institutionalizing sustainability: an empirical study of corporate registration and commitment to the United Nations global compact guidelines

“…Further, when the dependent variable is dichotomous, the OLS regression cannot appropriately calculate the statistical relationships due to heteroskedasticity and normality problems (Long, 1997). For instance, in a study analyzing corporate ethical behavior (likelihood of a firm to incur in illegal activity), Davis et al (2007) used logistic regression. Likewise, we use logistic regression to determine the institutional pressures influencing the firm likelihood to join the UNGC.…”

CSR, Sustainability and the Meaning of Global Reporting for Latin American Corporations

“…Thus, to properly calculate a dichotomous dependent variable, researchers should use logistic regression models. For instance, Davis et al (2007) used logistic regression to analyze the factors influencing the occurrence of illegal trading at mutual funds. As a result, we use logistic regression to determine the institutional pressures influencing the decision to join the GC or GRI (Model 1).…”

“…Our second dependent variable illustrates this as it has three categories: no registration; one registration; and two registrations. To account for dependent variable GC + GRI we (Davis et al 2007;Long, 1997). Table III (and explained in the ''Methods'' section), we used two models to test our hypotheses.…”

Why Do Firms Engage in National Sustainability Programs and Transparent Sustainability Reporting?

“…as shown in table 7, we explain the variation by using logistic regression (Davis et al 2007;long 1997). Here, the dependent variable measures whether a firm earned a certificate from Mexico's Clean Industry Program, during the study period (1997)(1998)(1999)(2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008).…”