| 書目名稱 | Closed-End Investment Companies | | 副標(biāo)題 | Issues and Answers | | 編輯 | Seth C. Anderson,Jeffery A. Born | | 視頻video | http://file.papertrans.cn/229/228365/228365.mp4 | | 叢書名稱 | Innovations in Financial Markets and Institutions | | 圖書封面 |  | | 描述 | Closed-End Investment Companies (CEICs) were the dominant formof investment companies in the United States during the early part ofthis century, but interest in them declined after the 1929 stockmarket crash. Since 1985, however, there has been a significantrevival of interest in CEICs. .A substantial amount of academic research has focused on the nature ofclosed-end funds, discounts and premiums, and on the share pricebehavior of these firms, which often results in the prices differingfrom the net asset value of the shares. .This book is designed for the academic researcher interested in CEICsand the practitioner interested in using CEICs as an investmentvehicle. The authors summarize the evolution of CEICs, present thefactors that cause CEIC shares to trade at different levels from theirnet asset values, provide a complete survey of the academic literatureon this topic, and summarize the current state of research on CEICs.. | | 出版日期 | Book 1992 | | 關(guān)鍵詞 | Funds; Investment; USA; research; trade | | 版次 | 1 | | doi | https://doi.org/10.1007/978-94-011-2962-6 | | isbn_softcover | 978-94-010-5315-0 | | isbn_ebook | 978-94-011-2962-6 | | copyright | Springer Science+Business Media New York 1992 |
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