Goo, Yeong-Jia; Chang, Feng-Huei - In: Emerging Markets Finance and Trade 46 (2010) 1, pp. 87-95
This paper investigates whether Taiwan mutual-fund companies actively pursue a corporate-level strategy of enhancing the performance of "high-value" funds (i.e., high fee-ratio funds or high past performers) at the expense of other "low-value" funds belonging to the same companies. The results...