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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Bibliographic Details
Main Authors: WU, Chunchi, Kim, Moon
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1989
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/866
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Institution: Singapore Management University
Language: English

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