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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.

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開放一般型股票基金之報酬與其現金流量關係之探討 / The Relationship between Performance and Cash Flows of Open-end Equity Funds in Taiwan

鄭秉倫, Jheng,Bing-lun Unknown Date (has links)
Pervious academic researches point out that there are two-way effects in the relationship between fund return performance and cash flows. The preceding fund return performance would attract net cash flows and cash flows would adversely affect the succeeding fund return performance. This paper tries to verify that whether these effects exist in Taiwan and examine these effects in more details. The results are partly consistent with pervious literatures. In our sample, we find that fund return performance positive influences both cash inflows and outflows and cash flows do affect succeeding return performance.
基金
基金報酬
現金流量
基金經理人
基金投資人
fund
fund performance
cash flow
fund manager
fund investor

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