Mutual Fund Flows, Performance Persistence, and Board Quality

This paper provides evidence on the impact of fund board quality on (a) the fund flowperformance relation, (b) persistence in fund performance, and (c) a fund’s potential change of strategy following a period of underperformance. We use Morningstar’s board quality ratings as a proxy for the quality...

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Bibliographic Details
Main Authors: ZHANG, Zhe (Joe), LAI, Sandy, TIWARI, Ashish
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/1413
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Institution: Singapore Management University
Language: English