1. Investment Skill of Fund Manager—New Evidence in Terms of Value Added,working paper. 2. Internal Governance, Market Discipline and Window Dressing in Mutual Fund,Security Market Herald,2016.08 3. Liao Changyou, 2013, Industry Selection for Fund Asset Allocation and Fund Performance—New Evidence about the Investment ability of Fund Managers, Journal of Chongqing University 4, 53-60. 4. Liao Changyou, 2012, Research on the Investment Selection Ability of Fund Manager and Fund Shareholder, Chengdu, Southwestern University of Finance and Economics Press. 5. Liao Changyou, 2011, Is Fund shareholder Smart? A Review about Foreign New Development of Related Researches, Northern Economy and Trade 10, 94-96. 6. Liao Changyou, Zhen Rong, Gan Shengdao, 2011, A Review about Foreign New Research Methods on Fund-shareholders’ Selection Ability, West Forun 5, pp. 64-68. 7. Liao Changyou , 2011, An Empirical Analysis on the Timing Ability of the Investors of Open-end Equity Mutual Fund in China, Journal of Zhongnan University of Finance and Economics 2, 121-126. 8. Liao Changyou, 2010, Fund Characteristics and Fund Selection Ability of Investors, Journal of Shanxi University of Finance and Economics 11, 18-26.
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