On the governance of public pension fund management

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On the governance of public pension fund management

Author Info

Impavido, Gregorio

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Gregorio Impavido

Abstract

The author surveys the empirical literature on the relationship between governance of public pension fund management and investment performance. He makes a preliminary attempt to identify good governance practices and distill governance guidelines aimed at reducing the political risk that is associated with central, public pension fund management. The author highlights the need for further work to support the development of a satisfactory set of governance guidelines.

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Publisher Info
Paper provided by The World Bank in its series Policy Research Working Paper Series with number 2878.

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Date of creation: 31 Aug 2002
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Handle: RePEc:wbk:wbrwps:2878

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

Olivia S. Mitchell & Ping Lung Hsin, 1994. "Public Sector Pension Governance and Performance," NBER Working Papers 4632, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
Michael Useem & Olivia S. Mitchell, 2000. "Holders of the Purse Strings: Governance and Performance of Public Retirement Systems," Center for Financial Institutions Working Papers 00-08, Wharton School Center for Financial Institutions, University of Pennsylvania. [Downloadable!]
Other versions:
- Michael Useem & Olivia S. Mitchell, . "Holders of the Purse Strings: Governance and Performance of Public Retirement Systems," Pension Research Council Working Papers 2000-3, Wharton School Pension Research Council, University of Pennsylvania.

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Edgar Karapetyan & Anna Atoyan & Marta Sandoyan & Demeh Daradkah, 2009. "Financial Intermediation Modernization in Countries with Transition Economy," Transition Studies Review, Springer, vol. 16(2), pages 287-298, June. [Downloadable!] (restricted)

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This page was last updated on 2010-1-5.

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