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pro vyhledávání: '"Idris Ucardag"'
Autor:
Yaman O. Erzurumlu, Idris Ucardag
Publikováno v:
Journal of Financial Regulation and Compliance. 29:218-234
Purpose This paper aims to investigate private pension fund investor sentiment against fund performance and cost in an environment of frequent regulatory changes. The analyses are conducted in a low return, high-cost private pension fund market envir
Autor:
Yaman O. Erzurumlu, Idris Ucardag
Publikováno v:
SSRN Electronic Journal.
We study the behavior of pension plan investors in Turkey regarding fund allocation and withdrawal with respect to return, risk and management fee. We find that investors avoid risk and there is a convex and positive relationship between risk-adjuste