| アイテムタイプ |
紀要論文 / Departmental Bulletin Paper(1) |
| 公開日 |
2025-06-27 |
| タイトル |
|
|
タイトル |
The Impact of Celebrity Fund Managers on Investors: A Study on the Protection of Investors’ Rights in Public Mutual Funds |
|
言語 |
en |
| 言語 |
|
|
言語 |
eng |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Public Mutual Funds |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Star Fund Managers |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Investor Protection |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_6501 |
|
資源タイプ |
departmental bulletin paper |
| 著者 |
Chen, Yanjin
Xu, Yang
Ye, Qing
Zhou, Qian
|
| 抄録 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
The pivotal role of public funds in the capital market necessitates their sound operation, as it directly influences investor interests and market health. Star fund managers, with their highprofile status, have a profound impact on market dynamics and investor behavior, potentially inciting herd effects that can undermine market stability. This study employs behavioral finance theory to juxtapose the herd behavior of leading public funds in 2014 and 2024, shedding light on the imperatives of investor protection. The research delves into the multifaceted influence of star fund managers on investors, the shortcomings of the investor protection mechanisms for public funds, and strategies for the industry to mitigate the issues associated with star fund managers. The findings indicate that the herd effect has intensified, with market stability being significantly influenced by the actions of leading funds, and the decisions of star fund managers have been shown to affect market volatility and the rights and interests of investors. To address these challenges, recommendations are made for bolstering regulatory oversight, enhancing governance, and improving investor education, thereby laying the groundwork for effective regulatory strategies. The growth of public funds scales with the rise in residents’income and the proliferation of social media, which, in turn, adversely affects the protection of investors’rights and interests. The study highlights deficiencies in the protection mechanism, such as the reliance on fund companies for investor education and the lack of sufficient risk warnings. Furthermore, the research acknowledges the limitations in data analysis methods and the insufficiency in information mining, which are critical areas for future improvement. |
|
言語 |
en |
| 書誌情報 |
ja : 長崎大学経済学部研究年報
en : Annual review of economics
巻 41,
p. 1-28,
発行日 2025-06-30
|
| ISSN |
|
|
収録物識別子タイプ |
ISSN |
|
収録物識別子 |
09108602 |
| 書誌レコードID |
|
|
収録物識別子タイプ |
NCID |
|
収録物識別子 |
AN10030515 |
| 著者版フラグ |
|
|
出版タイプ |
VoR |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 出版者 |
|
|
出版者 |
長崎大学経済学部 |
|
言語 |
ja |
| 出版社別言語 |
|
|
言語 |
en |
|
値 |
Faculty of Economics, Nagasaki University |
| sortkey |
|
|
値 |
1 |
| 引用 |
|
|
内容記述タイプ |
Other |
|
内容記述 |
長崎大学経済学部研究年報, 41, pp.1-28; 2025 |
|
言語 |
ja |
keinen41_1.pdf (287 KB)
