Babalos, Vassilios; Kostakis, Alexandros; Philippas, … - In: Journal of Multinational Financial Management 19 (2009) 4, pp. 256-272
This study examines the expense ratio policy of Greek equity funds operating in a small emerging market with an oligopolistic, bank-dominated financial system. Constructing a unique dataset of non-publicly available expense ratios charged by these funds, we examine the impact these expenses have...