The Closed-End Funds Puzzle: A Survey Review

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Auteur principal: Marta Charrón
Format: Artículo científico
Langue:en
Publié: Universidad de Puerto Rico 2009
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author Marta Charrón
author_facet Marta Charrón
contents The Closed-End Funds Puzzle: A Survey Review Marta Charrón Administración y Contabilidad Closed closed end funds end fund puzzle behavioral finance The main objective of this paper is to explore the most salient research aimed at explaining the closed-end fund puzzle from both the traditional and behavioral finance perspectives. It provides a better understanding of closed-end fund behavior and motivates further research of closed-end funds, market efficiency, asset pricing and the traditional and behavioral finance paradigms. So far, none of the possible explanations from either traditional finance or behavioral finance have been able to fully account for the occurrence of the puzzle. It continues to be an important issuein the long standing debate between traditional finance and behavioral finance. 2009 artículo científico 1541-8561 https://www.redalyc.org/articulo.oa?id=63112889003 en http://www.redalyc.org/revista.oa?id=631 Forum Empresarial application/pdf Universidad de Puerto Rico Forum Empresarial (Puerto Rico) Num.2 Vol.14
format Artículo científico
id redalyc_63112889003
institution Redalyc
language en
publishDate 2009
publisher Universidad de Puerto Rico
spellingShingle The Closed-End Funds Puzzle: A Survey Review
Marta Charrón
Administración y Contabilidad
Closed
closed
end funds
end fund puzzle
behavioral finance
The Closed-End Funds Puzzle: A Survey Review Marta Charrón Administración y Contabilidad Closed closed end funds end fund puzzle behavioral finance The main objective of this paper is to explore the most salient research aimed at explaining the closed-end fund puzzle from both the traditional and behavioral finance perspectives. It provides a better understanding of closed-end fund behavior and motivates further research of closed-end funds, market efficiency, asset pricing and the traditional and behavioral finance paradigms. So far, none of the possible explanations from either traditional finance or behavioral finance have been able to fully account for the occurrence of the puzzle. It continues to be an important issuein the long standing debate between traditional finance and behavioral finance. 2009 artículo científico 1541-8561 https://www.redalyc.org/articulo.oa?id=63112889003 en http://www.redalyc.org/revista.oa?id=631 Forum Empresarial application/pdf Universidad de Puerto Rico Forum Empresarial (Puerto Rico) Num.2 Vol.14
title The Closed-End Funds Puzzle: A Survey Review
topic Administración y Contabilidad
Closed
closed
end funds
end fund puzzle
behavioral finance
url https://www.redalyc.org/articulo.oa?id=63112889003