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Essentials of Governance

In: Winning the Institutional Investing Race

Author

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  • Michael Bunn
  • Zack Campbell

Abstract

Governance delineates the functions that decision-makers are assigned to perform, provides those decision-makers with the authority to execute those functions, and gives someone the tools to monitor those decisions. While there are four primary governance models for investment funds, within each model there can be many variations, and the different sets of actors (decision-makers) will play varying roles from organization to organization. The governing oversight also varies from model to model (we discuss these models in the next chapter).

Suggested Citation

  • Michael Bunn & Zack Campbell, 2015. "Essentials of Governance," Springer Books, in: Winning the Institutional Investing Race, chapter 0, pages 17-22, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4842-0832-8_4
    DOI: 10.1007/978-1-4842-0832-8_4
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