...Kayoun Yi; Noolee Kim The question of whether mutual funds have a superior prediction ability for future stock returns as professional investors has been an important research topic in the theory of investments. We examine the predictive power of mutual funds’ stock holdings on stock returns...

...Ryumi Kim Purpose Although it has often been studied in finance research, the relationship between dividend yields and stock returns remains an unresolved issue, especially in the Korean stock market. When firms continue to pay non-decreasing dividends for three or five years, they may establish...