Cullinan, Charles P.; Zheng, Xiaochuan; Cahan, Steven - In: Accounting and Finance 54 (2014) 3, pp. 729-751
type="main" xml:id="acfi12023-abs-0001" <title type="main">Abstract</title> <p>Closed-end fund investors may view assets valued using level 2 and 3 inputs more sceptically because of the subjectivity of these inputs (valuation scepticism), or these assets could be viewed favourably because they allow small investors to...</p>
