Behavioural and fundamental explanations of discounts on closed end funds: An empirical analysis
Datum
2006Zusammenfassung
This study extracts two factors related to the variability of Premium/ Discount: a behavioural and a fundamental. Evidence is provided to show that by using both factors one can achieve a better understanding of discounts as theories and the Closed End Funds Puzzle support it. © 2006 Taylor & Francis.