Diversification to a Degree

An Exploratory Study of Students' Experience at Four Higher Education Institutions in China

Author: Kai Yu

Publisher: Peter Lang

ISBN: 9783034303651

Category: Education

Page: 345

View: 509

The higher education system in China has experienced a dramatic expansion in student numbers and has seen the mushrooming of several new types of degree-granting institutions. In a very short period of time, these new institutions have developed into a primary provider of higher education in China. Drawing on both quantitative and qualitative data, this book examines the diversity of the institutions and students' experience at different higher education institutions (HEIs) in China. This work offers a complete review of the policy context and is unique in examining the relationship between institutional diversification and students' experiences.
Posted in Education

Mutual Funds

Risk and Performance Analysis for Decision Making

Author: John Haslem

Publisher: John Wiley & Sons

ISBN: 1405142030

Category: Business & Economics

Page: 592

View: 4936

This authoritative book enables readers to evaluate the variousperformance and risk attributes of mutual funds, while also servingas a comprehensive resource for students, academics, and generalinvestors alike. Avoiding the less useful descriptive approach tofund selection, this book employs a balanced approach includingboth technique and application. The chapters combine clearsummaries of existing research with practical guidelines for mutualfund analysis. Enables readers to analyze mutual funds by evaluating a fund'svarious performance and risk attributes. Includes templates, which provide an efficient, sound approachto fund analysis, interpretation of results, buy/sell decisions,and the timing of decisions. Combines clear summaries of existing research with practicalguidelines for mutual fund analysis.
Posted in Business & Economics

Valuegrowth Investing

A Disciplined Approach to Investment

Author: Glen Arnold

Publisher: Pearson Education

ISBN: 9780273656258

Category: Business & Economics

Page: 358

View: 540

Develop the practical investment strategy skills you need to succeed in any market!-- Practical explanations and examples help you master the key techniques professional investors use to make decisions.-- Helps you define a coherent strategy that encompasses both value and growth.-- Draws heavily on principles discovered by Peter Lynch, Warren Buffett, and other investment greats.With this book, every investor can develop a coherent investment strategy that encompasses both value and growth, draws upon the latest advances in business strategy, and utilizes powerful principles first discovered by world-class investors such as Peter Lynch and Warren Buffett. Valuegrowth Investing proves that investing in value and in growth are not mutually exclusive, and offers a practical strategy for achieving both goals. Using extensive real-world examples, Glen Arnold introduces the key financial tools professionals use to make their investment decisions, sharing new insight into stock price behavior based upon his successful career as a trader. From Ben Graham's three forms of value investing to John Neff's sophisticated ratio investing plan, to Warren Buffett's and Charles Munger's long term cash-flow investing and Philip Fisher's bonanza investing, this book draws upon the best ideas of world-class investors -- and shows how to leverage them in your own portfolio. For every experienced investor.
Posted in Business & Economics

Globalization of Financial Markets

Causes of Incomplete Integration and Consequences for Economic Policy

Author: Claudia M. Buch

Publisher: Springer Science & Business Media

ISBN: 9783540406372

Category: Business & Economics

Page: 249

View: 9762

The internationalization of financial markets is one of the focal points in the discussion about recent globalization trends. These discussions suggest that capital can move freely between countries. However, there is ample evidence that national borders do matter and that there are many implicit and explicit barriers to integration. Understanding the factors that unify and that separate financial markets and thus reconciling these two stylized facts is at the core of this book. While the main focus of the empirical work is on banking industry, results are yet informative also with regard to developments in other financial market segments. Also, the book uses European financial integration as a case study for general integration trends.
Posted in Business & Economics

Financial Risk Modelling and Portfolio Optimization with R

Author: Bernhard Pfaff

Publisher: John Wiley & Sons

ISBN: 111847712X

Category: Mathematics

Page: 376

View: 5353

Introduces the latest techniques advocated for measuringfinancial market risk and portfolio optimization, and provides aplethora of R code examples that enable the reader to replicate theresults featured throughout the book. Financial Risk Modelling and Portfolio Optimization withR: Demonstrates techniques in modelling financial risks andapplying portfolio optimization techniques as well as recentadvances in the field. Introduces stylized facts, loss function and risk measures,conditional and unconditional modelling of risk; extreme valuetheory, generalized hyperbolic distribution, volatility modellingand concepts for capturing dependencies. Explores portfolio risk concepts and optimization with riskconstraints. Enables the reader to replicate the results in the book using Rcode. Is accompanied by a supporting website featuring examples andcase studies in R. Graduate and postgraduate students in finance, economics, riskmanagement as well as practitioners in finance and portfoliooptimization will find this book beneficial. It also serves well asan accompanying text in computer-lab classes and is thereforesuitable for self-study.
Posted in Mathematics

Vietnam's Economic Entities in Transition

Author: Shozo Sakata

Publisher: Palgrave Macmillan

ISBN: 1137297158

Category: Business & Economics

Page: 248

View: 2301

During the last two decades, Vietnam has been undergoing a process of deregulating economic activities and integrating into the global economy. The passing of the Enterprise Law in 1999, which facilitated the establishment of private enterprises, and the achievement of membership of the World Trade Organization (WTO) in 2007 were two of the landmark events in Vietnam's rapid growth over this period. In order to cope with such a socioeconomic and institutional transformation, Vietnam's domestic economic entities have employed various measures, including technical upgrading, a shift into new areas of business, the diversification of capital acquisition, the adoption of new models of corporate governance, and other measures. As a result, the reorganization of Vietnam's domestic economic entities, such as the equitization of many state-owned enterprises, the emergence of large-scale private enterprises and the revitalization of rural entrepreneurs have taken place in many areas. This book attempts to analyze economic activity in Vietnam, covering a variety of types and sizes of Vietnam's domestic economic entities from large-scale stateowned enterprises to micro-scale rural entrepreneurs.
Posted in Business & Economics

Insurance Economics

Author: Peter Zweifel,Roland Eisen

Publisher: Springer Science & Business Media

ISBN: 3642205488

Category: Business & Economics

Page: 452

View: 4864

"Winner of the 2014 Kulp-Wright Book Award Presented by the American Risk and Insurance Association". More information can be found here: http://www.aria.org/awards/bookawards.htm Insurance Economics brings together the economic analysis of decision making under risk, risk management and demand for insurance by individuals and corporations, objectives pursued and management tools used by insurance companies, the regulation of insurance, and the division of labor between private and social insurance. Appropriete both for advanced undergraduate and graduate students of economics, management, and finance, this text provides the background required to understand current research. Predictions derived from theoretical argument are not only stated but confronted with empirical evidence. Throughout the book, conclusions summarize results, helping readers to check their knowledge and understanding. Issues discussed include paradoxa in decision making under risk, selection of favorable risks by insurers, the possibility of a "death spiral" in insurance markets, and future challenges such as re-regulation in the wake of the 2007-09 financial crisis and the increasing availability of generic information.
Posted in Business & Economics

Media Product Portfolios

Issues in Management of Multiple Products and Services

Author: Robert G. Picard

Publisher: Routledge

ISBN: 1135250340

Category: Business & Economics

Page: 272

View: 8682

Media product portfolios are rapidly becoming the predominant shared characteristic of media companies worldwide. The phenomenon involves firms from all kinds of media--newspapers, magazines, television, radio, cinema--and is found in enterprises ranging from small, local firms to large, globalized companies. This volume is the result of a coordinated effort of scholars in the United States and Europe to explore the characteristics, processes, challenges, and implications of media product portfolios. This book breaks new ground by introducing the concepts of product portfolio management and applying them to media companies in a comprehensive manner. It draws from knowledge and methods of analyzing product portfolio management in other industries, applies that knowledge to media industries, and analyzes current practices in media firms. The process and issues of portfolio strategy, development, and management are complex and wide ranging. The book explores the development of media product portfolios from an interdisciplinary perspective, providing insight from business, economic, organizational, and communication approaches. The book explores why and how firms develop portfolios, how company strategy and organizational development relate to portfolios, the role of leaders in developing portfolio activities, economic and economic geography issues in portfolios, production issues, challenges in managing multiple products and operations, issues of marketing and branding issues in portfolios, personnel implications, and the unique challenges in the internationalization of media portfolio operations.
Posted in Business & Economics

Mobile Media

Content and Services for Wireless Communications

Author: Jo Groebel,Eli M. Noam,Valerie Feldmann

Publisher: Routledge

ISBN: 1135621969

Category: Technology & Engineering

Page: 280

View: 9225

The proliferation of mobile media in recent years is an international phenomenon, with billions of devices sold annually. Mobile communications are now moving beyond individualized voice to mass media content--text, voice, sound, images, and even video. This will create new types of content that allow media companies and users to interact in new ways. There is a strong interest from the media and telecom industries in what manner of applications and content can be distributed in that fashion, and at what cost. To answer these questions, the book provides 18 chapters from internationally renowned authors. They identify likely types of content such as news, entertainment, peer-to-peer, and location-specific information; evaluate the economics, business models, and payment mechanisms necessary to support these media; and cover policy dimensions such as copyright, competitiveness, and access rights for content providers. This volume takes the reader through the various elements that need to be considered in the development of third generation (3G) content, and explains pitfalls and barriers. The result is a volume of interest to business professionals, academics, and policy makers. The book is international in focus and a glossary of terms is provided. There are few publications available which give an overview of this rapidly changing field.
Posted in Technology & Engineering

An Inordinate Fondness for Beetles

Author: Arthur V. Evans,Charles L. Bellamy

Publisher: Univ of California Press

ISBN: 9780520223233

Category: Science

Page: 208

View: 6643

Shows and describes the characteristics of beetles.
Posted in Science

The Only Guide You'll Ever Need for the Right Financial Plan

Managing Your Wealth, Risk, and Investments

Author: Larry E. Swedroe,Kevin Grogan,Tiya Lim

Publisher: John Wiley & Sons

ISBN: 0470929715

Category: Business & Economics

Page: 240

View: 740

An accessible guide that outlines the key elements of an effective financial plan From Larry Swedroe, the author of the bestselling series of "The Only Guide" investment books, with Kevin Grogan and Tiya Lim comes a step-by-step handbook that shows you how to develop a winning personal investment strategy and reveals what it takes to make that strategy part of your overall financial plan. The Only Guide You'll Ever Need for the Right Financial Plan focuses on the "art" of investing and gives you the information you need to create a strategy that is tailor-made for your particular situation. Designed for savvy investors and professional advisors, this book offers the vital information needed for developing and implementing an overall strategic financial plan. In this essential resource, Swedroe outlines the basics in asset allocation and other investment planning concepts. Addresses how you can design an investment policy statement and an individual asset allocation plan Examines how to maintain your portfolio's risk profile in the most cost-effective and tax-efficient manner Offers insights on integrating risk management and estate planning issues into your plan The Only Guide You'll Ever Need for the Right Financial Plan offers a handy tool to help you make more informed and prudent decisions that will go a long way to ensure a secure financial future.
Posted in Business & Economics

The Technological Competitiveness of Japanese Multinationals

The European Dimension

Author: Robert D. Pearce,Marina Papanastassiou

Publisher: University of Michigan Press

ISBN: 9780472107285

Category: Business & Economics

Page: 106

View: 6767

Explores the development of Japanese multinational R & D laboratories
Posted in Business & Economics

Cooperative Banks and Financial Stability

Author: Mr. Martin Cihák,Heiko Hesse

Publisher: International Monetary Fund

ISBN: 1451910193

Category: Business & Economics

Page: 36

View: 378

Cooperative banks are an important, and growing, part of many financial systems. This paper empirically analyzes the role of cooperative banks in financial stability. Contrary to some suggestions in the literature, we find that cooperative banks are more stable than commercial banks. This finding is due to the lower volatility of the cooperative banks'' returns, which more than offsets their lower profitability and capitalization. This is most likely due to cooperative banks'' ability to use customer surplus as a cushion in weaker periods. We also find that in systems with a high presence of cooperative banks, weak commercial banks are less stable than they would be otherwise. The overall impact of a higher cooperative presence on bank stability is positive on average but insignificant in some specifications.
Posted in Business & Economics

101 Wordy Phrases

Author: Robert Hartwell Fiske

Publisher: Vocabula Communications Company

ISBN: 0977436802

Category: English language

Page: 51

View: 9412

Posted in English language

Opening Up and Geographic Diversification of Trade in Transition Economies

Author: Mr. Oli Havrylyshyn,Mr. Hassan Al-Atrash

Publisher: International Monetary Fund

ISBN: 1451891792

Category: Business & Economics

Page: 27

View: 9029

This paper looks at the progress in transition and the geographic diversification of trade, focusing on two issues--the degree of trade openness and trade integration--for a sample of countries in transition. It concludes that about half of the group of countries sampled are becoming as open as similar market economies, but that many others remain relatively closed. Geographic diversification (to the European Union) is found to be greater the closer is geographic proximity and the more advanced the country is with reforms. The analysis is then extended, in an illustrative way, to show how much larger would be the share of exports to the EU if structural reforms were more ambitious.
Posted in Business & Economics

External Debt Sustainability in HIPC Completion Point Countries

Author: Yan Sun

Publisher: International Monetary Fund


Category: Debt releif

Page: 33

View: 3809

This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point countries. It shows that (i) while comparing favorably with other lowincome countries, the policy and institutional frameworks of completion point countries in general are still relatively weak, and their debt management practices remain inferior to international standards; and (ii) their export base remains narrow and fiscal revenue mobilization lags behind, even compared with many other low-income countries. Achieving and maintaining long-term debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new borrowing in support of sound macroeconomic policies.
Posted in Debt releif

External Debt Sustainability in HIPC Completion Point Countries

Author: Mr. Yan Sun

Publisher: International Monetary Fund

ISBN: 1451902905

Category: Business & Economics

Page: 34

View: 4914

This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point countries. It shows that (i) while comparing favorably with other lowincome countries, the policy and institutional frameworks of completion point countries in general are still relatively weak, and their debt management practices remain inferior to international standards; and (ii) their export base remains narrow and fiscal revenue mobilization lags behind, even compared with many other low-income countries. Achieving and maintaining long-term debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new borrowing in support of sound macroeconomic policies.
Posted in Business & Economics

Islamic Banks and Financial Stability: An Empirical Analysis

Author: Martin Cihák,Heiko Hesse

Publisher: International Monetary Fund


Category: Banks and banking

Page: 29

View: 5234

The relative financial strength of Islamic banks is assessed empirically based on evidence covering individual Islamic and commercial banks in 18 banking systems with a substantial presence of Islamic banking. We find that (i) small Islamic banks tend to be financially stronger than small commercial banks; (ii) large commercial banks tend to be financially stronger than large Islamic banks; and (iii) small Islamic banks tend to be financially stronger than large Islamic banks, which may reflect challenges of credit risk management in large Islamic banks. We also find that the market share of Islamic banks does not have a significant impact on the financial strength of other banks.
Posted in Banks and banking