| 摘要 | 第1-10页 |
| ABSTRACT | 第10-14页 |
| Table of figures and tables | 第14-15页 |
| Chapter 1 Introduction | 第15-21页 |
| ·The Objective of the paper | 第15-18页 |
| ·Methodologies and Main Results | 第18页 |
| ·Main Contributions of this Paper | 第18-20页 |
| ·Structure of the paper | 第20-21页 |
| Chapter 2 A Brief Review of Chinese Mutual Fund Industry | 第21-36页 |
| ·The Development of Chinese Mutual fund Industry | 第22-28页 |
| ·Early Exploration Stage(1991-1997) | 第22-24页 |
| ·The Closed-end Fund Development Phase(1998-2001) | 第24-25页 |
| ·Normative Development Phase(2001 till now) | 第25-28页 |
| ·Historical Performance of Chinese Mutual Fund Industry | 第28-31页 |
| ·Methods Used in Fund Performance Evaluation | 第29-30页 |
| ·Empirical Analysis of the Historical Performance of Chinese Open-end Funds | 第30-31页 |
| ·Comparison between American and Chinese Mutual Fund Industry | 第31-36页 |
| ·The development of American Open-end Fund | 第31-32页 |
| ·Comparison between American and Chinese Open-end Funds | 第32-36页 |
| Chapter 3 Related Literature | 第36-47页 |
| ·Research concerning the Agency Problem in Fund Industry | 第36-39页 |
| ·The Rationale of the Agency Problem | 第36-37页 |
| ·Principal-Agent Relationship in Mutual Fund Industry | 第37-39页 |
| ·Empirical Research on Risk-adjustment Behaviors in Mutual Fund Industry | 第39-47页 |
| ·Related Literature from US | 第40-43页 |
| ·Related Literature from Chinese Domestic Scholars | 第43-47页 |
| Chapter 4 Empirical Evidence from China | 第47-74页 |
| ·Sample Review | 第47-48页 |
| ·Review of Up-to-Date Testing Methods | 第48-53页 |
| ·Contingency Table Method | 第48-50页 |
| ·Linear Regression Method | 第50-51页 |
| ·Method based on Differential Equations | 第51页 |
| ·Nonparametric Regression Method | 第51-52页 |
| ·Brief Summary of the Methods | 第52-53页 |
| ·Methodologies and Results Using the Contingency Table Method | 第53-66页 |
| ·Variables | 第53-56页 |
| ·Descriptive Statistics of the Sample | 第56-57页 |
| ·Testing Steps | 第57-58页 |
| ·Empirical Results | 第58-66页 |
| ·Methodologies and Results Using the Linear Regression Method | 第66-69页 |
| ·Methodologies and Results Using the Nonparametric Regression Method | 第69-71页 |
| ·Conclusions of Empirical Results | 第71-74页 |
| Chapter 5 Conclusions and Implications | 第74-77页 |
| ·Summary of Empirical Analysis | 第74-75页 |
| ·Implications and Suggestions | 第75页 |
| ·Shortcomings and Further Amendments of the Paper | 第75-77页 |
| References | 第77-80页 |
| 致谢 | 第80-81页 |
