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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/30028


    Title: 開放一般型股票基金之報酬與其現金流量關係之探討
    The Relationship between Performance and Cash Flows of Open-end Equity Funds in Taiwan
    Authors: 鄭秉倫
    Jheng,Bing-lun
    Contributors: 郭維裕
    Kuo,Weiyu
    鄭秉倫
    Jheng,Bing-lun
    Keywords: 基金
    基金報酬
    現金流量
    基金經理人
    基金投資人
    fund
    fund performance
    cash flow
    fund manager
    fund investor
    Date: 2003
    Issue Date: 2009-09-11 17:05:32 (UTC+8)
    Abstract: Pervious academic researches point out that there are two-way effects in the relationship between fund return performance and cash flows. The preceding fund return performance would attract net cash flows and cash flows would adversely affect the succeeding fund return performance. This paper tries to verify that whether these effects exist in Taiwan and examine these effects in more details. The results are partly consistent with pervious literatures. In our sample, we find that fund return performance positive influences both cash inflows and outflows and cash flows do affect succeeding return performance.
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    Description: 碩士
    國立政治大學
    國際經營與貿易研究所
    91351037
    92
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0091351037
    Data Type: thesis
    Appears in Collections:[國際經營與貿易學系 ] 學位論文

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