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.
|Qualification||Doctor of Philosophy|
|Award date||14 Jul 2017|
|Place of Publication||Tilburg|
|Print ISBNs||978 90 5668 518 8|
|Publication status||Published - 2017|