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Christoph , Sorhage. (2014) Outsourcing of mutual funds non-core competencies and the impact on operational outcomes: Evidence from funds shareholder services.
In: CFR Working Papers. RePEc:zbw:cfrwps:1404.
Full description at Econpapers
cites:
Source: NSAR CRSP Dependent variable: Service fee Management fee 12B-1 Expense ratio Service outsourced-0.0008 *** 0.0006 *** -0.0006 *** -0.0013 *** (0.0000) (0.0065) (0.0000) (0.0000) Ln TNA family 0.0001 *** -0.0007 *** 0.0001 *** -0.0003 *** (0.0008) (0.0000) (0.0083) (0.0000) Family focus 0.0000-0.0004-0.0003 0.0012 *** (0.9831) (0.4172) (0.1559) (0.0002) Ln TNA-0.0001 *** 0.0016 *** 0.0000-0.0005 *** (0.0041) (0.0000) (0.7315) (0.0000) Fund age 0.0002 *** 0.0002 * -0.0004 *** -0.0002 (0.0001) (0.0561) (0.0000) (0.1644) Turnover ratio 0.0000 0.0002 *** 0.0000 ** 0.0001 *** (0.1934) (0.0002) (0.0225) (0.0013) Year fixed effects Yes Yes Yes Yes Segment fixed effects Yes Yes Yes Yes Number of Observations 18,815 17,757 14,052 19,119 Adj.R-Squared 0.0707 0.1466 0.2425 0.2318
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