# Performance reporting

`kaal:entity:performance-reporting`

**Status.** derived

This node is assembled mechanically from the 3 claims that carry the concept tag `performance-reporting`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

3 claims across 2 works, 2009 to 2014.

**2009**

- [1428387-007](https://wulfkaal.github.io/claims/1428387-007) [mechanism/argued] -- The hedge fund fee structure creates very strong financial incentives for managers to hide weak performance through valuation.
  > The fee structure of hedge funds creates very strong financial incentives to hide weak performance by way of valuation. Hedge
  Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1428387

**2014**

- [2447306-020](https://wulfkaal.github.io/claims/2447306-020) [empirical/evidenced] -- The Form PF burden is concentrated in a few identifiable items: respondents ranked Question 16 on types of investors as the most time consuming, followed by Question 17 on performance and Question 7 on related persons.
  > Among all Form PF questions that were identified as time-consuming, respondents indicated that Form PF Question 16 (types of investors) took the most time to answer, followed by Form PF Question 17 (performance), and Form PF Question 7 (related persons).
  Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2447306
- [2447306-037](https://wulfkaal.github.io/claims/2447306-037) [failure/evidenced] *(failure mode)* -- Form PF fund performance metrics are not accurate or comparable across filers, because reporting entities employ different calculation methodologies to produce them.
  > Several respondents mentioned Form PF Item C., Question 17 (Reporting Fund Performance), suggesting that existing Form PF fund performance metrics are not accurate because the reporting entities employ different calculation methodologies.
  Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2447306

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/performance-reporting.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.