Macro Attractiveness and Micro Decisions in the Mutual Fund Industry - An Empirical Analysis

This volume addresses the attractiveness of financial centers with a primary focus on the mutual fund industry. It uses different empirical analysis approaches in an attempt to disentangle the reasons for location attractiveness and in order to identify its influence on fund pricing. The presented research tackles an issue that is fundamental to the understanding of organizational behavior in finance - the rationale in the decision-making process of market participants and its consequences for an economy.

List of contents

General Introduction.- Theoretical Background.- Attractiveness of European Financial Centers.- Evidence from Domiciliation Decisions in the Mutual Fund Industry.- Impact of the Domiciliation Decision on Fund Fees.- General Conclusion.- Appendix.

About the author

Gunnar Lang is Senior Researcher at the ZEW Research Department "International Finance and Financial Management". He was a visiting researcher at Harvard Business School in 2009 and 2010. He also held a visiting position in the research unit of the United States Housing and Urban Development Department in Washington, DC in 2010. Prior to his doctoral studies, he worked for a major German bank in several divisions and for a software corporation in the business strategy unit. He holds a doctoral degree in Business Administration from the University of Stuttgart and a Diplom Volkswirt (equals MA in Economics) from Heidelberg University. He teaches in several executive education programmes.

Summary

This volume addresses the attractiveness of financial centers with a primary focus on the mutual fund industry. It uses different empirical analysis approaches in an attempt to disentangle the reasons for location attractiveness and in order to identify its influence on fund pricing. The presented research tackles an issue that is fundamental to the understanding of organizational behavior in finance – the rationale in the decision-making process of market participants and its consequences for an economy.

Product details

• Authors: Gunnar Lang
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2016
• EAN: 9783662513972
• ISBN: 978-3-662-51397-2
• No. of pages: 178
• Dimensions: 155 mm x 235 mm x 10 mm
• Weight: 301 g
• Illustrations: XII, 178 p. 22 illus.
• Series: ZEW Economic Studies; ZEW Economic Studies
• Subjects: Social sciences, law, business > Business > Economics; B, Economic Policy, Economics, Finance, macroeconomics, Finance, general, Economics and Finance, International Economics, Political Economy, Macroeconomics and Monetary Economics, Macroeconomics/Monetary Economics//Financial Economics, European Integration, Economic systems & structures, Monetary Economics, International institutions, Management science, European Economic Community literature