請用此 Handle URI 來引用此文件：
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/34260完整後設資料紀錄
| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 楊朝成 | |
| dc.contributor.author | Wan-Ting Liao | en |
| dc.contributor.author | 廖婉婷 | zh_TW |
| dc.date.accessioned | 2021-06-13T06:00:19Z | - |
| dc.date.available | 2006-07-03 | |
| dc.date.copyright | 2006-07-03 | |
| dc.date.issued | 2006 | |
| dc.date.submitted | 2006-06-25 | |
| dc.identifier.citation | Barber, Brad M., Terrance Odean, and Lu Zheng, 2005, Out of Sight, Out of Mind: The Effects of Expenses on Mutual Fund Flows, Journal of Business 78, 2095-2119
Baumol, William J., et al., 1990, The Economics of Mutual Fund Markets: Competition Versus Regulation (Kluwer Academic, Boston, Mass.) Brown, Keith, Van Harlow, and Laura Starks, 1996, Of tournaments and temptations: An analysis of managerial incentives in the mutual fund industry, Journal of Finance 51, 85-110 Brown, Stephen, William Goetzmann, Roger Ibbotson, and Steven Ross, 1992, Survivorship bias in performance studies, Review of Financial Studies 5, 553-580 Capon, Noel, Gavin Fitzsimons, and Roger Prince, 1996, An individual level analysis of the mutual fund investment decision, Journal of Financial Services Research 10, 59-82 Carhart, Mark, 1997, On the persistence of mutual fund performance, Journal of Finance 52, 57-82 Elton, Edwin J., Martin J. Grubber, Sanjiv Das, and Matthew Hlavks, 1993, Efficiency with costly information: A reinterpretation of evidence from managed portfolios, Review of Financial Studies 6, 1-22 Goetzmann, William, and Nadav Peles, 1997, Cognitive dissonance and mutual fund investors, Journal of Financial Research, 20(2), 145-158 Ippolito, Roger A., 1989, Efficiency with costly information: A study of mutual fund performance, Quarterly Journal of Economics, 104,1-23 Ippolito, Roger A., 1992, Consumer reaction to measures of poor quality: Evidence from the mutual fund industry, Journal of Law and Economics 35, 45-70 Kane, Alex, Don L. Santini, and Jack W. Aber, 1991, Lessons from the growth history of mutual funds, working paper, Boston University School of Management Massa, Massimo, 2003, How do family strategies affect fund performance? When Performance-maximization is not the only game in town, Journal of Financial Economics 67, 249-304 Patel, Jay, Richard Zeckhausesr, and Darryl Hendricks, 1991, The rationality struggle: Illustrations from financial markets, American Economic Review 81, 232-236 Sirri, Erik R., and Peter Tufano, 1998, Costly search and mutual fund flows, Journal of Finance 53, 1589-1622 | |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/34260 | - |
| dc.description.abstract | This paper investigates the relationships between mutual fund flows and various determinants. High past performance funds and low fee funds enjoy high fund flows, and these finding are consistent with previous literature results. This paper also explores the impacts of search costs on fund flows using fund company size and availability of internet trading platform as proxies. Funds in larger fund companies are positively related to fund flows, because the greater presence of larger fund companies reduces investors’ search costs. Funds in companies that offer internet trading platforms are also positively related to fund flows, because of the higher visibility accompanying the internet trading platform. The control variable, log of lag total net assets, also captures a significant impact. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-13T06:00:19Z (GMT). No. of bitstreams: 1 ntu-95-R93723074-1.pdf: 244826 bytes, checksum: b51d6c73002ada9be1df3ecdeece2623 (MD5) Previous issue date: 2006 | en |
| dc.description.tableofcontents | 誌謝 i
中文摘要 ii Abstract iii I. Introduction 1 II. Literature Review 5 A. Past-Performance 5 B. Fee Level 6 C. Search Cost 7 III. Data and Methodology 10 A. Market Survey 10 B. Data Source 12 1. Flow 13 2. Performance 13 3. Fees 14 4. Search Costs 14 C. Data Description 18 D. Model Specification 21 IV. Empirical Result 24 A. Fees 24 B. Past Performance 25 C. Search Cost 26 V. Conclusion 38 REFERENCES 41 | |
| dc.language.iso | en | |
| dc.subject | 報酬 | zh_TW |
| dc.subject | 搜尋成本 | zh_TW |
| dc.subject | 基金流量 | zh_TW |
| dc.subject | 費用 | zh_TW |
| dc.subject | search costs | en |
| dc.subject | mutual fund flows | en |
| dc.subject | returns | en |
| dc.subject | fees | en |
| dc.title | 基金流量影響因素:以臺灣開放型基金為例 | zh_TW |
| dc.title | Mutual Fund Flows and their Determinants: Evidence in Taiwan Open-end Equity Fund Market | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 94-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 陳勝源,劉任昌 | |
| dc.subject.keyword | 基金流量,報酬,費用,搜尋成本, | zh_TW |
| dc.subject.keyword | mutual fund flows,returns,fees,search costs, | en |
| dc.relation.page | 41 | |
| dc.rights.note | 有償授權 | |
| dc.date.accepted | 2006-06-26 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| dc.contributor.author-dept | 財務金融學研究所 | zh_TW |
| 顯示於系所單位： | 財務金融學系 | |
文件中的檔案：
| 檔案 | 大小 | 格式 | |
|---|---|---|---|
| ntu-95-1.pdf 未授權公開取用 | 239.09 kB | Adobe PDF |
系統中的文件，除了特別指名其著作權條款之外，均受到著作權保護，並且保留所有的權利。