We examine the disposition effect and identify its potential attributes for individual Taiwanese investors. The results indicate several interesting findings. First, only 26 percent of Taiwanese individual investors report slight gains in a bull market. Second, level of education is...

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...