Ownership, risk and performance of mutual fund management companies
نویسندگان
چکیده
منابع مشابه
Risk Shifting and Mutual Fund Performance∗
Mutual funds change their risk levels significantly over time. Risk shifting might be caused by ill-motivated trades of unskilled or agency-prone fund managers who trade to increase their personal compensation. Alternatively, risk shifting might occur when skilled fund managers trade to take advantage of their stock selection and timing abilities. This paper investigates the performance consequ...
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ژورنال
عنوان ژورنال: Journal of Economics and Business
سال: 2003
ISSN: 0148-6195
DOI: 10.1016/s0148-6195(02)00132-7