The author is one of the prominent researchers in the field of Data Envelopment Analysis
(DEA), a powerful data analysis tool that can be used in performance evaluation and …

Providing a systematic and comprehensive treatment of recent developments in efficiency
analysis, this readable book makes available an intuitive yet rigorous presentation of …

The objectives of this paper are manyfold. First we present a comprehensive review of the
literature of DEA models for the performance assessment of mutual funds. Then we discuss …

This is the first study to provide comprehensive analyses of the relative performance of both
socially responsible investment (SRI) and Islamic mutual funds. The analysis proceeds in …

Abstract Investment in Mutual Funds (MF) has generated increasing interest among the
investors over last few decades as it provides an opportunity for flexible and transparent …

Astronomical amounts of money are being invested in financial markets. Consequently the
evaluation of portfolio performance has created a great deal of interest among practitioners …

In this paper we apply data envelopment analysis (DEA) to evaluate the performance of
hedge fund classifications. The purpose of alternative investment strategies such as hedge …

We analyze the performance persistence of Islamic and Socially Responsible Investment
(SRI) mutual funds. We adopt a multi-stage strategy in which, in the first stage, partial …

This paper develops theory missing in the sizable literature that uses data envelopment
analysis to construct return–risk ratios for investment funds. It explores the production …

Current data envelopment analysis (DEA) models with diversification cannot discriminate
the performance of efficient mutual funds. Based on the directional distance function and …