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This thesis consists of three essays on the interaction of investor clienteles and mutual fund behavior. The first essay (Cici, Kempf, and Sorhage 2015, Do Financial Advisors Provide Tangible Benefits for Investors? Evidence from Tax-Motivated Mutual Fund Flowsʺ) adds to the literature on fund...
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werden, ob und inwiefern sich die Reaktionsmuster am Kapitalmarkt im Zeitablauf verändert haben. Da als auslösendes Moment …
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