Broken promises, competition, and capital allocation in the mutual fund industry
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DOI: 10.1016/j.jfineco.2024.103948
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More about this item
Keywords
Mutual fund strategies; Prospectuses; Industrial organization; Fund flows; Machine learning;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
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