Product Market Competition's Impact on Mutual Funds' Portfolio Choices
The research shows that mutual funds hold less equity in companies facing increased product market competition, especially for firms more susceptible to competition and with greater agency problems.
Featured in No. 16 on 21 Sep 2023 · 5 days after release
- Released
- 16 Sep 2023
- First featured
- No. 16 · 21 Sep 2023
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- Identifier
- SSRN 4573836
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