Does Advertising of Mutual Funds Drive Smart Money Effect?Evidence from Open-end Mutual Fund Market in Taiwan
碩士 === 國立中山大學 === 財務管理學系研究所 === 97 === Prior research finds that mutual fund investors have adequate ability to select funds which superior performance remains persistent. Following the work of Keswani and Stolin (2008), we use a fund netflow as a proxy for investors’ preference to examine whether t...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2009
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Online Access: | http://ndltd.ncl.edu.tw/handle/qrj565 |