Kudos Professor Chengwei Wang
Professor Chengwei Wang's paper, "Investing in Low-Trust Countries: On the Role of Social Trust in the Global Mutual Fund Industry," has just been accepted for publication in Journal of Financial and Quantitative Analysis.
The paper describes that social trust, in mitigating contracting incompleteness, may have an important effect on the activeness and effectiveness of delegated portfolio management by using a complete sample of worldwide open-end mutual funds.
Also explore the impact of trust in general and the role of the two mechanisms of trust in particular—i.e., trust in the market and trust in managers—in the global mutual fund industry.
JFQA is considered to be one of the top-tier academic journals in the discipline of finance published by the Michael G. Foster School of Business at the University of Washington.
Big congratulations, and many thanks to Professor Chengwei Wang for her continued contribution to SKK GSB!
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