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Anderson, Seth C.; Born, G. V. R.; Born, Jeffrey A. - Closed-End Investment Companies - 9780792392293 - V9780792392293
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Closed-End Investment Companies

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Description for Closed-End Investment Companies Hardback. Summarizing the evolution of Closed-End Investment Companies (CEICs), this work presents the factors that cause CEIC shares to trade at different levels from their net asset values, surveys of the academic literature on the topic, and summarizes the current state of research on CEICs. Series: Innovations in Financial Markets and Institutions. Num Pages: 139 pages, biography. BIC Classification: KFFM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 234 x 156 x 11. Weight in Grams: 410.
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.
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Product Details

Format
Hardback
Publication date
1992
Publisher
Kluwer Academic Publishers United States
Number of pages
139
Condition
New
Series
Innovations in Financial Markets and Institutions
Number of Pages
139
Place of Publication
Dordrecht, Netherlands
ISBN
9780792392293
SKU
V9780792392293
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15

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