Is Share Price Related to Marketability? Evidence from Mutual Fund Share Splits
研究共同基金股票拆分如何通过将股价恢复至偏好交易区间来提升市场性,并发现拆分后基金净资产和股东数量显著增加。
Stock splits enhance the marketability of mutual fund shares by restoring share prices to a preferred trading range. Mutual funds that split their shares experience significant increases in net assets and shareholders.