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- W1537942412 abstract "This paper studies the relationship between the attention of investors and investment decision-making by investigating the effects of media coverage on mutual funds. It is found that investors' attention will affect their decision-making; especially in purchase decisions. Various kinds of news have different effects on decision-making: Good news leads investors to raise their inclination to purchase and redeem funds, while bad news does the contrary, ceteris paribus. In addition, performance-related information and size of funds also increase investors' tendency to purchase and redeem funds. Finally, with-or without-news funds show no significant differences in their subsequent performances." @default.
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- W1537942412 date "2013-06-30" @default.
- W1537942412 modified "2023-09-27" @default.
- W1537942412 title "The Impact of Limited Attention and News on the Investment Decisions of Mutual Fund Investors" @default.
- W1537942412 doi "https://doi.org/10.6545/jfs.2013.21(2).1" @default.
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