The Impact of Brexit on the Performance of Mutual Funds: A Case of Funds Invested in United States
碩士 === 大葉大學 === 管理學院碩士在職專班 === 106 === This study uses event study to explore the impact on the Brexit of the performance of mutual funds invested in the United States. The empirical results show that though the reactions of Brexit of mutual funds are different on event day, the patterns of cumulati...
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ndltd-TW-106DYU011210092019-05-16T00:00:24Z http://ndltd.ncl.edu.tw/handle/2rch28 The Impact of Brexit on the Performance of Mutual Funds: A Case of Funds Invested in United States 英國脫歐事件對共同基金績效之影響- 以美國基金為例 WANG, SHU-LING 王淑玲 碩士 大葉大學 管理學院碩士在職專班 106 This study uses event study to explore the impact on the Brexit of the performance of mutual funds invested in the United States. The empirical results show that though the reactions of Brexit of mutual funds are different on event day, the patterns of cumulative abnormal returns are increasing during the 61 trading days of the event window. On the other hand, the cumulative abnormal returns in the different event windows are observed, the empirical result indicates that except for a part of event windows, the impact of Brexit on the mutual funds are different, a cumulative abnormal returns in most of event windows are positive. Based on the empirical results, this study concludes that the impact of Brexit on the performance of mutual funds invested in US is smaller. Key Words: Brexit, Abnormal Return, Cumulative Abnormal Return, Event Study LIN,ZONG -HAN 林宗漢 2018 學位論文 ; thesis 41 zh-TW |
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碩士 === 大葉大學 === 管理學院碩士在職專班 === 106 === This study uses event study to explore the impact on the Brexit of the performance of mutual funds invested in the United States. The empirical results show that though the reactions of Brexit of mutual funds are different on event day, the patterns of cumulative abnormal returns are increasing during the 61 trading days of the event window.
On the other hand, the cumulative abnormal returns in the different event windows are observed, the empirical result indicates that except for a part of event windows, the impact of Brexit on the mutual funds are different, a cumulative abnormal returns in most of event windows are positive. Based on the empirical results, this study concludes that the impact of Brexit on the performance of mutual funds invested in US is smaller.
Key Words: Brexit, Abnormal Return, Cumulative Abnormal Return, Event Study
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author2 |
LIN,ZONG -HAN |
author_facet |
LIN,ZONG -HAN WANG, SHU-LING 王淑玲 |
author |
WANG, SHU-LING 王淑玲 |
spellingShingle |
WANG, SHU-LING 王淑玲 The Impact of Brexit on the Performance of Mutual Funds: A Case of Funds Invested in United States |
author_sort |
WANG, SHU-LING |
title |
The Impact of Brexit on the Performance of Mutual Funds: A Case of Funds Invested in United States |
title_short |
The Impact of Brexit on the Performance of Mutual Funds: A Case of Funds Invested in United States |
title_full |
The Impact of Brexit on the Performance of Mutual Funds: A Case of Funds Invested in United States |
title_fullStr |
The Impact of Brexit on the Performance of Mutual Funds: A Case of Funds Invested in United States |
title_full_unstemmed |
The Impact of Brexit on the Performance of Mutual Funds: A Case of Funds Invested in United States |
title_sort |
impact of brexit on the performance of mutual funds: a case of funds invested in united states |
publishDate |
2018 |
url |
http://ndltd.ncl.edu.tw/handle/2rch28 |
work_keys_str_mv |
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