Closed-End Investment Companies: Issues and Answers. Innovations in Financial Markets and Institutions, Band 7;

Born, Gustav V. R and Seth Anderson:

ISBN 10: 0792392299 / ISBN 13: 9780792392293

Published by Kluwer;, 1992

About this Item

139 Seiten; Das hier angebotene Buch stammt aus einer teilaufgelösten wissenschaftlichen Bibliothek und trägt die entsprechenden Kennzeichnungen (Rückenschild, Instituts-Stempel.); Schnitt und Einband sind etwas staubschmutzig; der Buchzustand ist ansonsten ordentlich und dem Alter entsprechend gut. Text in ENGLISCHER Sprache! Sprache: Englisch Gewicht in Gramm: 400.

Seller Inventory # 1610435

Bibliographic Details

• Title: Closed-End Investment Companies: Issues and Answers. Innovations in Financial Markets and Institutions, Band 7
• Publisher: Kluwer
• Publication Date: 1992
• Language: English
• ISBN 10: 0792392299
• ISBN 13: 9780792392293
• Binding: gebundene Ausgabe
• Condition: Gut
• Weight: 400 grams
• Seller catalogs:
  • 6046 Marketing

About this title

Synopsis

Closed-End Investment Companies (CEICs) were the dominant form of investment companies in the United States during the early part of this century, but interest in them declined after the 1929 stock market crash. Since 1985, however, there has been a significant revival of interest in CEICs.
A substantial amount of academic research has focused on the nature of closed-end funds, discounts and premiums, and on the share price behavior of these firms, which often results in the prices differing from the net asset value of the shares.
This book is designed for the academic researcher interested in CEICs and the practitioner interested in using CEICs as an investment vehicle. The authors summarize the evolution of CEICs, present the factors that cause CEIC shares to trade at different levels from their net asset values, provide a complete survey of the academic literature on this topic, and summarize the current state of research on CEICs.