Revenue sharing rewards brokers for high and higher sales and/or asset holdings of fund shares, and further defrays current and higher broker costs of advertising and promotion, ongoing broker servicing of fund investor accounts, and educational support. It results in higher broker sales and...

There are several regulatory, nuanced, and interpretive discussions of mutual fund distribution issues, including revenue sharing, 12b-1 fees, and defensive 12b-1 plans. The world of fund distribution to intermediaries for sales of fund shares is not quantum physics, but it is much more hidden...

There are several regulatory, nuanced, and interpretive discussions of mutual fund distribution issues, including revenue sharing, 12b-1 fees, and defensive 12b-1 plans. The world of fund distribution to intermediaries for sales of fund shares is not quantum physics, but it is much more hidden...

A bank loan yield model was developed which incorporates consideration of multi-collinearity, ease of estimation of loan-class yields, and adjustments for size and location. Estimation of an initial (loan-class variables only) version of the model confirmed Taylor's findings that the loan mix...

This study describes a commercial bank model simulation which has been used successfully in conjunction with the financial education programs of commercial banks, universities, banking schools, public accounting firms, and financial planning workshops. The paper concludes with a description of...

The basic purpose of this study is to test for the existence of an investment life cycle for individual common stock investors. It is hypothesized that the life-cycle theory of investment incorporates relevant socioeconomic attributes of individual investors, which, in various combinations,...

Given the sensitivity of stock valuation models to the discount rate k*, it follows that their operational usefulness is significantly dependent upon the accuracy of the estimate of k*. The purpose of this study is to illustrate the use of the geometric mean to estimate k*. The usual approach to...

This study relates to the overall concern that mutual fund payments of sub-accounting fees to broker/dealers for sub-transfer agency, administration, sub-accounting, and other shareholder services may improperly include distribution related services. The topics begin with a review of the basic...