Risk Taking by Mutual Funds as a Response to Incentives
收藏NBER1995-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5234
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资源简介：
This paper examines the agency conflict between mutual fund investors and mutual fund companies. Investors would like the fund company to use its judgement to maximize risk-adjusted fund returns. A fund company, however, in its desire to maximize its value as a concern has an incentive to take
提供机构：
美国国家经济研究局
创建时间：
1995-08-01
