Essays in financial intermediation and political economy

Mancy Luo

Research output: ThesisDoctoral Thesis

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This thesis consists of three chapters in financial intermediation and political economy. The first chapter studies how investors’ preference for local stocks affects global mutual funds’ investment behaviors, and shows that mutual funds overweight stocks from their client countries (i.e., where funds are sold) to attract investors. The second chapter analyzes the investors’ reaction to political bias in the financial media, and the third chapter investigates the drivers for consolidations in global mutual fund industry.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
  • Spalt, Oliver, Promotor
  • Manconi, Alberto, Co-promotor
  • Schumacher, David, Co-promotor, External person
Award date14 Jul 2017
Place of PublicationTilburg
Print ISBNs978 90 5668 518 8
Publication statusPublished - 2017


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