Work

Public Pension Governance and Asset Allocation

Year: 2013

Type: article

Abstract: This paper analyses the relationship between governance, asset allocation, and risk among state and local government-operated pension systems in the United States. It is argued that governance influences investment decisions and risk profiles of public sector pension systems, creating the potential for agency problems to exist between decision makers, plan members, and taxpayers.

Source: Journal of CENTRUM Cathedra (JCC) The Business and Economics Research Journal

DOI: 10.7835/jcc-berj-2013-0083

Authors: Matt Dobra, Bruce H. Lubich

Institution: Methodist University

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: green

OpenAlex ID: W2097955080

FWCI: 1.101

Cites: 46

Cited by: 14

Related to: 10