Sales Compensation and Recommendations as the Fund of the Month
This study analyzes whether mutual fund distributors are more likely to recommend products with higher sales compensation to maximize their profit. The lists of the ‘fund of the month’ on their webpages are utilized from April of 2015 to August of 2015. A simple comparative analysis shows that the a...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
2019-05-01
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| Series: | KDI Journal of Economic Policy |
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| Online Access: | https://doi.org/10.23895/kdijep.2019.41.2.59 |