Financial Product Design, Retail Investor Sophistication and Issuer Incentives: A Case Study
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DOI: 10.1111/auar.12266
Abstract: Many financial products and securities marketed to retail investors involve design features that can make it difficult to understand the risk and return characteristics involved. This paper examines one such security, Convertible Preference Step Up… read more here.
Keywords: design retail; financial product; product design; retail investor ... See more keywords