Mutual fund performance: dividends do matter
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
comunitat-uji-handle4:
INVESTIGACIONMetadatos
Título
Mutual fund performance: dividends do matterFecha de publicación
2015xmlui.dri2xhtml.METS-1.0.item-edition
PostprintEditor
Taylor & FrancisCita bibliográfica
DE MINGO LÓPEZ, Diego Víctor; MATALLÍN SÁEZ, Juan Carlos. Mutual fund performance: dividends do matter . Applied Economics Letters (2015), v. 22, Issue 6, pp. 455-460Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
http://www.tandfonline.com/doi/abs/10.1080/13504851.2014.948671?journalCode=rael20Versión
info:eu-repo/semantics/acceptedVersionPalabras clave / Materias
Resumen
This article studies the bias in mutual fund performance when a nondividend-reinvesting benchmark is used. Our empirical findings show how performance worsens when using a benchmark that includes reinvestment dividends. ... [+]
This article studies the bias in mutual fund performance when a nondividend-reinvesting benchmark is used. Our empirical findings show how performance worsens when using a benchmark that includes reinvestment dividends. We also find that inferences about managers’ ability related to economic states are biased by the effect of omitting dividends when selecting a benchmark. [-]
Publicado en
Applied Economics Letters (2015), v. 22, Issue 6Derechos de acceso
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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