Mutual fund performance: The decision quality and capital magnet efficiencies

Autor:	H. Pierre Hsieh, Wen-Min Lu, Nai‐Yu Liu, Imen Tebourbi
Rok vydání:	2020
Předmět:	Mutual fund performance Market competition Strategy and Management 05 social sciences Decision quality Network data Management Science and Operations Research Environmental economics Management of Technology and Innovation Capital (economics) Magnet 0502 economics and business Portfolio Resource allocation Business 050207 economics Business and International Management 050203 business & management
Zdroj:	Managerial and Decision Economics. 41:861-872
ISSN:	1099-1468 0143-6570
Popis:	This study employs a two‐stage network data envelopment analysis model to analyze the decision quality and capital magnet efficiencies of 155 mutual funds in Taiwan during the period 2007–2016. The empirical results show that fund managers improved their decision quality; however, their capital magnet efficiency declined. This study also found 10 mutual funds performing in decision quality and capital magnet efficiencies, from which practical suggestions are provided to investors. Finally, this study constructs a market competition matrix to help fund managers (and investors) improve their operating and portfolio performance, plus resource allocation.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::b0b7f0a0c1a8f071c41717de0873a41a https://doi.org/10.1002/mde.3143 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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