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dc.contributor.authorSingh, Deepak
dc.date.accessioned2012-04-27T13:34:32Z
dc.date.available2012-04-27T13:34:32Z
dc.date.issued2012-04-27
dc.identifier.urihttp://hdl.handle.net/10464/3998
dc.description.abstractTaking advantage of the unique Canadian setting, this study empirically analyzes the impact of presence of the board of directors, as an internal governance mechanism, on fees and performance of mutual funds. Further, the impact of the board structure on fees and performance of corporate class funds is analyzed. We find that corporate class funds, which have a separate board of directors for the fund, charge higher fees; however, they also provide superior performance than trust funds. Furthermore, we find that for corporate class funds, smaller board, with higher percentage of independent directors, and with the fund CEO acting as the chairman of the board is likely to charge lower fees. Also, more independent boards are strongly associated with superior fee-adjusted performance.en_US
dc.language.isoengen_US
dc.publisherBrock Universityen_US
dc.subjectmutual fundsen_US
dc.subjectgovernanceen_US
dc.subjectperformanceen_US
dc.subjectfeesen_US
dc.subjectstewardshipen_US
dc.titleThe effect of governance mechanism and structure on fees and performance of Mutual Funds in Canadaen_US
dc.typeElectronic Thesis or Dissertationen_US
dc.degree.nameM.Sc. Managementen_US
dc.degree.levelMastersen_US
dc.contributor.departmentFaculty of Business Programsen_US
dc.degree.disciplineFaculty of Businessen_US


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