The Impact of Mutual Fund Ownership on Corporate Investment: Evidence from a Natural Experiment

2011 ◽  
Author(s):  
Roni Kisin
Keyword(s):  
Mutual Fund ◽  
Natural Experiment ◽  
Corporate Investment ◽  
The Impact

Flow-Induced Trading Pressure and Corporate Investment

2018 ◽  
Vol 53 (1) ◽  
pp. 171-201 ◽  
Author(s):  
Xiaoxia Lou ◽  
Albert Y. Wang
Keyword(s):  
Financial Crisis ◽  
Mutual Fund ◽  
Corporate Investment ◽  
Institutional Trading ◽  
Financing Cost ◽  
Fund Flow ◽  
Percentage Points ◽  
The Impact

The impact of liquidity-motivated institutional trading on firms’ real decisions is not confined to periods of financial crisis. Firms subject to mutual fund flow-driven selling pressure reduce share issuance and investment, whereas firms experiencing buying pressure do not increase investment, although they issue more equity. Firms under extreme selling pressure cut quarterly investment by 0.075 percentage points of total assets, which is 4.3% of the average quarterly investment in our sample. We also find evidence that the effect is not attributed to managerial learning or catering incentives. Rather, flow-driven trading affects investment mainly through its impact on the financing cost.

Mutual Fund Herding and the Impact on Stock Prices

CFA Digest ◽  
1999 ◽  
Vol 29 (4) ◽  
pp. 48-49
Author(s):  
H. Kent Baker
Keyword(s):  
Mutual Fund ◽  
Stock Prices ◽  
The Impact

The Impact of Benchmark Choice on US Mutual Fund Benchmark-Adjusted Performance and Ranking

2017 ◽  
Author(s):  
Irina Bezhentseva Mateus ◽  
Cesario Mateus ◽  
Natasa Todorovic
Keyword(s):  
Mutual Fund ◽  
The Impact

A Study on Investment Decision of Investors With Reference to Penetration of Mutual Funds in India

2016 ◽  
Vol 5 (2) ◽  
Author(s):  
Ratish C Gupta ◽  
Dr. Manish Mittal
Keyword(s):  
Decision Making ◽  
Real Estate ◽  
Mutual Funds ◽  
Capital Markets ◽  
Mutual Fund ◽  
Financial Services ◽  
Investment Decision ◽  
Fund Industry ◽  
Mutual Fund Industry ◽  
The Impact

The Indian mutual fund industry is one of the fastest growing and most competitive segments of the financial sector. The extent of under-penetration in the market is a sore point with the financial services industry, with a large amount of savings being channelized into fixed deposits, gold and real estate rather than the capital markets. The mutual fund industry is yet to spread its reach beyond Tier I cities. The top fifteen cities contribute to 85% of the pie, with the remaining 15% distributed among other cities. The study seeks to determine the impact of decision making of investors on current situation of mutual fund industry.

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