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Volumn 20, Issue 2, 1997, Pages 211-229

Price pressure and the role of institutional investors in closed-end funds

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Indexed keywords


EID: 0001663582     PISSN: 02702592     EISSN: 14756803     Source Type: Journal    
DOI: 10.1111/j.1475-6803.1997.tb00245.x     Document Type: Article
Times cited : (29)

References (18)
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    • Boudreaux, K.J.1
  • 2
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  • 3
    • 0011305773 scopus 로고
    • Closed-end fund discounts: A yardstick of small-investor sentiment
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    • DeLong, B.1    Shleifer, A.2
  • 5
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    • Estimation of the bid-ask spread and its components: A new approach
    • George, T., G. Kaul, and M. Nimalendran, 1991, Estimation of the bid-ask spread and its components: A new approach. Review of Financial Studies 4, 623–56.
    • (1991) Review of Financial Studies , vol.4 , pp. 623-656
    • George, T.1    Kaul, G.2    Nimalendran, M.3
  • 6
    • 38249030378 scopus 로고
    • Estimating the components of the bid-ask spread
    • Glosten, L. and L. Harris, 1988, Estimating the components of the bid-ask spread, Journal of Financial Economics 21, 123–42.
    • (1988) Journal of Financial Economics , vol.21 , pp. 123-142
    • Glosten, L.1    Harris, L.2
  • 9
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    • Inferring trade direction from intraday data
    • Lee, C. and M. Ready, 1991, Inferring trade direction from intraday data, Journal of Finance 46, 733–54.
    • (1991) Journal of Finance , vol.46 , pp. 733-754
    • Lee, C.1    Ready, M.2
  • 12
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    • Investor sentiment and the closed-end fund puzzle
    • Lee, C., A. Shleifer, and R. Thaler, 1991, Investor sentiment and the closed-end fund puzzle, Journal of Finance 46, 75–109.
    • (1991) Journal of Finance , vol.46 , pp. 75-109
    • Lee, C.1    Shleifer, A.2    Thaler, R.3
  • 13
    • 84977360059 scopus 로고
    • The valuation of closed-end investment company shares
    • Malkiel, B., 1977, The valuation of closed-end investment company shares, Journal of Finance 32, 847–59.
    • (1977) Journal of Finance , vol.32 , pp. 847-859
    • Malkiel, B.1
  • 15
    • 0000629920 scopus 로고
    • Returns on initial public offerings of closed-end funds
    • Peavy, J., 1990, Returns on initial public offerings of closed-end funds. Review of Financial Studies 3, 695–708.
    • (1990) Review of Financial Studies , vol.3 , pp. 695-708
    • Peavy, J.1
  • 16
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    • The post-offering price performance of closed-end funds
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    • Weiss, K.1
  • 18
    • 84944834395 scopus 로고
    • An investor expectations stock price predictive model using closed-end fund premiums
    • Zweig, M., 1973, An investor expectations stock price predictive model using closed-end fund premiums, Journal of Finance 28, 67–78.
    • (1973) Journal of Finance , vol.28 , pp. 67-78
    • Zweig, M.1


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