上海管理科学2017,Vol.39Issue(4):1-8,8.
基金管理人持基激励与基金业绩——基金经理个人特征的调节效应研究
Fund Manager Ownership and Fund Performance-Moderating Effect of Portfolio Managers' Personal Characteristics
严怡君 1汤石章1
作者信息
- 1. 上海交通大学安泰经济与管理学院,上海200030
- 折叠
摘要
Abstract
In order to study the relationship among ownership incentive,portfolio managers' personal characteristics and fund performance,this paper collects data of public offering fund in the second half year of 2015.Use SPSS to analyze the related data.This paper has found that managerial ownership has positive effect on fund performance.The career experience of portfolio manager has negative moderating effect on the relationship between managerial ownership and fund performance.The moderating effect of the tenure of portfolio manager isn't obvious.However,the tenure of portfolio manager has negative effect on fund performance.Therefore this paper provides advices to both supervision department and investors.关键词
基金管理人/持基激励/基金经理个人特征/调节效应Key words
fund manager/managerial ownership incentive/portfolio managers'personal characteristics/moderating effect分类
管理科学引用本文复制引用
严怡君,汤石章..基金管理人持基激励与基金业绩——基金经理个人特征的调节效应研究[J].上海管理科学,2017,39(4):1-8,8.