Restrictive Effect of Fund Self-Purchase Behavior on Managerial Risk-taking: An Empirical Examination
Zhiping Jiang, Songran Li
Available Online August 2019.
- https://doi.org/10.2991/icsshe-19.2019.220How to use a DOI?
- Mutual Fund, Risk-Taking, Self-Purchase Behavior
- The managerial fund self-purchase behavior contributes to building the "benefit and risk-sharing" mechanism between fund investors and fund managers. This paper examines the actual data of China’s mutual fund market, and our empirical investigation of the relationship between Chinese fund managerial self-purchase behavior and risk-taking behavior indicates that the managerial self-purchasing behavior weakens their risk-taking tendency. And at the same time, investment managers become more prudent and responsible for their customers.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Zhiping Jiang AU - Songran Li PY - 2019/08 DA - 2019/08 TI - Restrictive Effect of Fund Self-Purchase Behavior on Managerial Risk-taking: An Empirical Examination BT - 2019 5th International Conference on Social Science and Higher Education (ICSSHE 2019) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/icsshe-19.2019.220 DO - https://doi.org/10.2991/icsshe-19.2019.220 ID - Jiang2019/08 ER -