Article ID Journal Published Year Pages File Type
5090040 Journal of Banking & Finance 2012 13 Pages PDF
Abstract
► I analyze repricing decisions in the mutual fund industry. ► Sensitivity of investment flows to prices differs from sensitivity to performance. ► Investment companies strategically time changes of expense ratios. ► Governance quality reduces this opportunistic behavior.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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