Performance of Mutual Funds in the Pre-Versus Post-Mayday Periods
The century-old fixed brokerage commission system ended May 1, 1975. This is referred to as Mayday. To examine whether mutual funds benefited from the deregulation of brokerage commission rates, a regression model and the cumulative average residuals method are used to analyze the performance of mut...
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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
1989
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/866 |
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Institution: | Singapore Management University |
Language: | English |