Portfolio selection for managerial control

Y. Amihud*, A. Barnea

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

The paper formulates a decision problem where stocks are purchased to maximize the voting power of the portfolio. The statistic representing the voting power is derived from game theoretic solutions namely the "Shapley Value". The tradeoff between the variance of the portfolio returns and the value of the voting power statistic is explicitly considered.

Original languageEnglish
Pages (from-to)775-783
Number of pages9
JournalOmega
Volume2
Issue number6
DOIs
StatePublished - Dec 1974

Fingerprint

Dive into the research topics of 'Portfolio selection for managerial control'. Together they form a unique fingerprint.

Cite this