Mutual Fund Flows, Performance Persistence, and Board Quality

This paper provides evidence on the impact of fund board quality on (a) the fund flow-performance 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, LAI, Sandy, Tiwari, Ashish
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3068
https://ssrn.com/abstract=1570525
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Institution: Singapore Management University
Language: English