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A Horizon‐Based Decomposition of Mutual Fund Value Added Using Transactions
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References

  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1998The Influence of Institutional Investors on Myopic R&D Investment Behavior3,013 cited
  • 1997Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks2,844 cited
  • 2004Mutual Fund Flows and Performance in Rational Markets2,082 cited
  • 2000Mutual Fund Performance: An Empirical Decomposition into Stock‐Picking Talent, Style, Transactions Costs, and Expenses1,854 cited
  • 2009How Active Is Your Fund Manager? A New Measure That Predicts Performance1,660 cited
  • 2000Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility1,539 cited
  • 2004Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization1,429 cited
  • 2001Do Institutional Investors Prefer Near‐Term Earnings over Long‐Run Value?*1,280 cited
  • 2004Shareholder investment horizons and the market for corporate control1,271 cited
  • 2005On the Industry Concentration of Actively Managed Equity Mutual Funds1,090 cited
  • 2007Institutional Investors and Equity Returns: Are Short-term Institutions Better Informed?920 cited
  • 2009Information Immobility and the Home Bias Puzzle876 cited
  • 1998An Anatomy of Trading Strategies858 cited
  • 2006

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Unobserved Actions of Mutual Funds
830 cited
  • 2015Measuring skill in the mutual fund industry816 cited
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