Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Miguel, A., A. Keswani & Ramos, S. (2017). Culture and Mutual Funds. SSRN.
Exportar Referência (IEEE) 
A. M. Miguel et al.,  "Culture and Mutual Funds", in SSRN, 2017
Exportar BibTeX 
@unpublished{miguel2017_1782642957339,
	author = "Miguel, A. and A. Keswani and Ramos, S.",
	title = "Culture and Mutual Funds",
	year = "2017",
	url = "https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2810115"
}
Exportar RIS 
TY  - EJOUR
TI  - Culture and Mutual Funds
T2  - SSRN
AU  - Miguel, A.
AU  - A. Keswani
AU  - Ramos, S.
PY  - 2017
UR  - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2810115
AB  - In this paper, we use a comprehensive dataset of equity mutual funds covering 31 countries to study the effects of national culture on mutual fund management.  Measuring culture using Hofstede’s cultural dimensions, we show that in countries where investors are culturally less active that investors are much less sensitive to past performance.  We show that this results in less risk-taking by fund managers and worse fund performance.  Our results also demonstrate that in countries with less active investors mutual fund companies take advantage of investor’s passiveness and charge higher fees.


ER  -