Soft Dollars and Conflicts of Interest
This study analyzes the relationships between soft dollar(brokerage commission) and characteristics of funds, and between brokerage commission and return on funds, using the data on equity funds of Korea from June 2008 to November 2011. The result confirms a statistically significant negative relati...
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Format: | Article |
Language: | English |
Published: |
Korea Development Institute
2013-05-01
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Series: | KDI Journal of Economic Policy |
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Online Access: | https://doi.org/10.23895/kdijep.2013.35.2.133 |