公募基金持股集中度与业绩的关系——基于中国市场的实证研究-金融学专业论文.docx

万方数据 万方数据 Contents HYPERLINK \l _bookmark0 Abstract (English) ii HYPERLINK \l _bookmark1 Abstract(Chinese) iiii HYPERLINK \l _bookmark2 Introduction 1 HYPERLINK \l _bookmark3 Research background and motivation 1 HYPERLINK \l _bookmark4 Thesis structure 4 HYPERLINK \l _bookmark5 Contribution and limitation 5 HYPERLINK \l _bookmark6 Related theory 7 HYPERLINK \l _bookmark7 Positive concentration/ performance relationship 7 HYPERLINK \l _bookmark8 Negative or no significant concentration/performance relationship 7 HYPERLINK \l _bookmark9 Literature review 9 HYPERLINK \l _bookmark10 Research review of foreign markets 9 HYPERLINK \l _bookmark11 Industry concentration research 9 HYPERLINK \l _bookmark12 Region concentration research 10 HYPERLINK \l _bookmark13 Stock concentration research 11 HYPERLINK \l _bookmark14 Research review of China market 12 HYPERLINK \l _bookmark15 Summary 12 HYPERLINK \l _bookmark16 Data 14 HYPERLINK \l _bookmark17 Data specification 14 HYPERLINK \l _bookmark18 Descriptive statistics 14 HYPERLINK \l _bookmark19 Portfolio concentration and fund performance 16 HYPERLINK \l _bookmark20 Performance measures 16 HYPERLINK \l _bookmark21 Concentration measures 17 HYPERLINK \l _bookmark22 Industry Concentration Index 17 HYPERLINK \l _bookmark23 Region Concentration Index 18 HYPERLINK \l _bookmark24 Stock Concentration Index 18 HYPERLINK \l _bookmark25 Descriptive statistics of concentration 18 HYPERLINK \l _bookmark26 Portfolio analysis 20 HYPERLINK \l _bookmark27 Regression analysis 25 HYPERLINK \l _bookmark28 Robustness checks 30 HYPERLINK \l _bookmark29 Sub-period evidence 30 HYPERLINK \l _bookmark30 Fund size effect 33 HYPERLINK \l _bookmark31 Large cap stock effect 37 HYPERLINK \l _bookmark32 Portfolio concentration and fund characteristics 40 HYPERLINK \l _bookmark33 Conclusion 44 HYPERLINK \l _bookmark34 Bibliography 46 HYPERLINK \l _bookmark35 Appendix 1 51 HYPERLINK \l _bookmark36 Appendix