The Influence of Network Structure in Fund Competition on Fund Performance
DOI:
https://doi.org/10.54097/jid.v2i2.5909Keywords:
Securities investment funds, Network structure, CrashAbstract
The number of public offering funds in China has increased year by year. Through the study of Chinese public offering funds in 2011-2020, we find that: (1) the information barrier density of the fund has a significant inhibitory effect on the fund performance, that is, the greater the information barrier density of the fund, the worse its performance. (2) The information barrier strength of the fund has a significant inhibitory effect on the fund performance, that is, the greater the competitive information barrier strength, the worse its performance.
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