Mutual funds and information diffusion: The role of country-level governance
We hypothesize that poor country-level governance, which makes public information less reliable, induces fund managers to increase their use of semipublic information. Utilizing data from international mutual funds and stocks over the 2000-2009 period, we find that semipublic information-related sto...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2014
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7052 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8051/viewcontent/hhu046.pdf |
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| Institution: | Singapore Management University |
| Language: | English |