Portfolio Manager Ownership and Mutual Fund Risk Taking
This study examines the effects of portfolio manager ownership on the risk-taking behavior of mutual funds. Using both return-based and holding-based risk measures, we find that funds managed by portfolio managers with higher beneficial ownership exhibit lower risk. In particular, using holding-base...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2013
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research_smu/152 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1258&context=lkcsb_research_smu |
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| Institution: | Singapore Management University |
| Language: | English |