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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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2008
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/1413 |
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| Institution: | Singapore Management University |
| Language: | English |