[Andreu, L., Pütz, A. (2012). Are Two Business Degrees Better Than One? Evidence from Mutual Fund Managers’ Education, CFR working paper, No. 12-01.]Search in Google Scholar
[Arellano, M. (2003). Panel Data Econometrics. Oxford: Oxford University Press.10.1093/0199245282.001.0001]Search in Google Scholar
[Asyngier, R., Miziołek, T. (2017). Impact of Fund Managers Changes on Polish Equity Funds Performance. Folia Oeconomica Stetinensia, 17(1), 97-108.10.1515/foli-2017-0008]Search in Google Scholar
[Bliss, R.T., Potter, M.E. (2002). Mutual Fund Managers: Does Gender Matter? The Journal of Business and Economic Studies, 8(1), 1-15.]Search in Google Scholar
[Boyson, N. (2002). How are Hedge Fund Manager Characteristics Related to Performance, Volatility, and Survival? Working paper, Department of Finance, The Ohio State University, Columbus.]Search in Google Scholar
[Chevalier, J., Ellison, G. (1999a). Are Some Mutual Fund Managers Better Than Others? Cross-Sectional Patterns in Behavior and Performance. The Journal of Finance, 54(3), 875-899.10.1111/0022-1082.00130]Search in Google Scholar
[Chevalier, J., Ellison, G. (1999b). Career Concerns of Mutual Fund Managers. The Quarterly Journal of Economics, 114(2), 389-432.10.1162/003355399556034]Search in Google Scholar
[Filip, D. (2018). The Profile of a Polish Mutual Fund Manager. Journal of Economics and Management, 32(2), 30-47.10.22367/jem.2018.32.03]Search in Google Scholar
[Gregory-Allen, R.B., Shawky, H.A. (2018). Are You Smarter Than a CFA’er? Manager Qualifications and Portfolio Performance. International Journal of Accounting and Financial Reporting, 8(1), 305-324.10.5296/ijafr.v8i1.12832]Search in Google Scholar
[Hausman, J.A. (1978). Specification Tests in Econometrics. Econometrica, 46, 1251-1271.10.2307/1913827]Search in Google Scholar
[Jajuga, K., Jajuga, T. (2006). Investments. Financial Instruments. Financial Risk. Financial Engineering. (Inwestycje. Instrumenty finansowe. Ryzyko finansowe. Inżynieria finansowa). Warsaw: PWN.]Search in Google Scholar
[Morningstar (2018). Retrieved from: http://www.morningstar.com/InvGlossary/bear_market_percentage_rank.aspx. (access: March 30, 2018).]Search in Google Scholar
[Naidenova, I., Parshakov, P., Zavertiaeva, M., Tomé, E. (2015). Look for People, Not for Alpha: Mutual Funds Success and Managers Intellectual Capital. Measuring Business Excellence, 19(4), 57-71.10.1108/MBE-11-2014-0039]Search in Google Scholar
[Niessen-Ruenzi, A., Ruenzi, S. (2011). Sex Matters: Gender and Prejudice in the Mutual Fund Industry, (August 30, 2017). Retrieved from SSRN: https://ssrn.com/abstract=1957317 or http://dx.doi.org/10.2139/ssrn.1957317.10.2139/ssrn.1957317]Search in Google Scholar
[Petajisto, A. (2013). Active Share and Mutual Fund Performance, (January 15, 2013). Retrieved from SSRN: https://ssrn.com/abstract=1685942 or http://dx.doi.org/10.2139/ssrn.1685942.10.2139/ssrn.1685942]Search in Google Scholar
[Philpot, J., Peterson, C.A. (2006). Manager Characteristics and Real Estate Mutual Fund Returns, Risk and Fees. Managerial Finance, 32(12), 988-996.10.1108/03074350610710481]Search in Google Scholar
[Scharfstein, D., Stein, J. (1990). Herd Behavior and Investment. American Economic Review, 80(3), 465-479.]Search in Google Scholar
[Switzer, L.N., Huang, Y. (2007). How Does Human Capital Affect the Performance of Small and Mid-cap Mutual Funds? Journal of Intellectual Capital, 8(4), 666-681.10.1108/14691930710830828]Search in Google Scholar
[Tarczyński, W., Witkowska, D., Kompa, K. (2013). The Beta Coefficient: Theory and practice (Współczynnik beta. Teoria i praktyka). Warsaw: Pielaszek Research.]Search in Google Scholar