essay investigates the influence that mutual fund capital has on the returns of the stocks they invest in, and the third essay explores how competition for investment capital can affect mutual fund

that CSR initiatives are detrimental to corporate value creation. Tandry et al. (2014) investigates the linkage between CSR and firm value for non-financial 7 companies listed in Indonesia Stock Exchange

. 10240 Email: pariyada.s@nida.ac.th Vol.7 No.2/2013 Persistence of Equity Mutual Fund Performance in Thailand Sorasart Sukcharoensin* and Pariyada Sukcharoensin** Abstract This study investigates the