AN ARBITRAGE RATIONALE FOR TESTS OF MUTUAL FUND PERFORMANCE

Abstract

Journal of Business Finance & AccountingVolume 6, Issue 3 p. 373-400 AN ARBITRAGE RATIONALE FOR TESTS OF MUTUAL FUND PERFORMANCE K. V. PEASNELL, K. V. PEASNELLSearch for more papers by this authorL. C. L. SKERRATT, L. C. L. SKERRATTSearch for more papers by this authorP. A. TAYLOR, P. A. TAYLOR K. V. Peasnell is Wolfson Professor of Accounting and Finance in the Department of Accounting and Finance at the University of Lancaster. L.C.L. Skerratt is Spicer and Pegler Professor of Accounting in the Department of Economics at the University of Durham. P. A. Taylor is a lecturer in the Department of Accounting and Finance at the University of Lancaster. An earlier version of this paper was presented to the Northern Accounting Group at the University of Sheffield, 27 September 1978. The authors wish to thank Dr. W.H.K. Fung for penetrating and constructive criticisms of a previous draft.Search for more papers by this author K. V. PEASNELL, K. V. PEASNELLSearch for more papers by this authorL. C. L. SKERRATT, L. C. L. SKERRATTSearch for more papers by this authorP. A. TAYLOR, P. A. TAYLOR K. V. Peasnell is Wolfson Professor of Accounting and Finance in the Department of Accounting and Finance at the University of Lancaster. L.C.L. Skerratt is Spicer and Pegler Professor of Accounting in the Department of Economics at the University of Durham. P. A. Taylor is a lecturer in the Department of Accounting and Finance at the University of Lancaster. An earlier version of this paper was presented to the Northern Accounting Group at the University of Sheffield, 27 September 1978. The authors wish to thank Dr. W.H.K. Fung for penetrating and constructive criticisms of a previous draft.Search for more papers by this author First published: September 1979 https://doi.org/10.1111/j.1468-5957.1979.tb01098.xCitations: 10 AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Citing Literature Volume6, Issue3September 1979Pages 373-400 RelatedInformation