About this document
Pension Plan Investment Strategies Explained by anhcata247 is a document available to read on EtoBox.
This working paper examines the investment policies of corporate pension plans, focusing on the conflicting incentives of risk shifting and risk management. The findings indicate that firms with poorly funded pension plans tend to invest in safer assets, while well-funded plans allocate more to equities, suggesting that risk management considerations dominate over risk shifting. Overall, the study highlights the importance of financial health and credit ratings in shaping pension fund investment strategies
- Author
- anhcata247
- Language
- EN