Xem 1-20 trên 25 kết quả Nderstanding
  • One issue with using portfolio holdings to evaluate fund performance is that the disclosed data reveal information about the major equity positions at particular dates but do not indicate the exact purchase and sale dates. As a result, the exact holding period of securities is unknown. Furthermore, some funds may window-dress their portfolios to hide their actual investment strategy from their investors or from competing funds, as shown byMeier and Schaumburg (2004).

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  • In the absence of further guidance on the relative importance of the two argu- ments, our prior about the relative smartness of institutional versus individual money f lows remains neutral.With regard to the direction ofmoney f lows, there are at least two reasons to believe that investors’ fund sells have a weaker as- sociation with future performance than their fund buys. First, the disposition effect discussed in Odean (1998) suggests that sell decisions are generally not optimallymade.

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  • Tham khảo tài liệu 'small business administration', tài chính - ngân hàng, tài chính doanh nghiệp phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả

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  • In fact, as in many recent publications in mathematics educa- tion, much of what is described . . . reflects two movements, “sit- uated learning” and “constructivism”, which have been gaining influence on thinking about education and educational research. In our view, some of the central educational recommendations of these movements have questionable psychological foundations.

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  • We have not named people, agencies, or projects in this book. The authors have done this both to honor the privacy of conversations and to reflect the fact that any comment we quote represents a widely-shared viewpoint rather than that of a single individual. The Listening Project (through which these conversations occurred) was not evaluating individual projects or agencies, but instead focused on understanding the long-term, cumulative effects of different types of international aid efforts on people, communities, and their societies over time. ...

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  • This module provides students with a brief foundational understanding of the MicrosoftÆ Component Object Model (COM) and associated technologies. This nderstanding is necessary to make good decisions about candidate echnologies. Microsoftís Component Object Model, Distributed Component Object Model (DCOM), and COM+ each provide services and structure that aid n implementing large applications. These models provide many benefits that an be used by the application designer and developer. This module describes hese technologies and presents guidelines for implementing them.

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  • Bear these in mind as you go through the training. We now turn to the definition of a project. The shortest definition of a project is one given by Juran (cited in Lewis, 2002:2). He defines it as a problem scheduled for solution. Lewis (2002) himself defines a project as: A multi-task that has performance, cost, time, and scope requirements and is done only one time. That means a project has specific performance requirements that have to be met (performance); a budget (cost); a definite starting and ending points (time); and clearly defined range of work to be done...

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  • The Shares have not been and will not be offered for sale or sold in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States persons, except in a transaction which does not violate the securities laws of the United States of America.

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  • Large proportion in total equity AUM is asset under management of LTF and RMF-equity funds as documented in Table 4 Panel A. LBs have largest market share in LTF and RMF-equity throughout 2006 to 2010. LTF and RMF-equity market shares of LBs have grown from 51.25% in 2006 to 67.96% in 2010. LTF and RMF-equity gain their popularity via commercial bank distribution channels as indicated in the last column of Table 6. Market share of all AMCs related with commercial banks (BR) increased from 73.71% in 2006 to 87.02% in 2010. The findings lead to the conclusion that distribution...

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  • Concurrently, shifting political attitudes and disillusionment with the policies that have been tried are giving rise to a new surge of debate and reform. Most visible in the 1990s is the effort to reform the welfare system to increase work incentives and to limit its use as a long-term source of support for able-bodied adults, even when they have small chil- dren. Behind this policy change has been a decade-long ideological debate about the nature and causes of poverty, pitting conservatives against liberals.

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  • The selection of neo-institutional theory as theoretical lens for the dissertation rests on several arguments. 3 First, the theory bears significant potential to generate fresh insights into the strategy formation process (Mintzberg and Lampel, 1999; Hensmans, 2003). Second, it con- ceptualizes very well the environment, its actors, its creation, and its internal functioning (Scott, 2001).

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  • The most important thing is to make sure you record each expenditure when you make it, keeping a receipt, if possible. You can do your bookkeeping with a pencil and a little blue notebook, but it’s much easier if you do it with a computer. There are lots of simple accounting programmes. Bookkeeping programmes, such as Quicken, are not expensive, are easy to use and allow you to post expenditure according to budget categories and generates a range of different reports. The easiest way to record overall results is to use a spreadsheet programme like EXCEL. ...

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  • The code executed by the replica proxy for supporting Byzantine clients is presented in Figure 4. To be able to compare if the sequence of operations submitted initially is the same that is submitted at commit time, the coor- dinator also logs the operations and their results as they are executed (line 42). At commit time, if the received list differs from the log, the coordinator discards exe- cuted operations in the current transaction and executes operations in the received list, as any other replica.

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  • Individual demand gives the quantity purchased for each price. Analogously, the market demand gives the quantity purchased by all the market participants – the sum of the individual demands – for each price. This is sometimes called a “horizontal sum” because the summation is over the quantities for each price. An example is illustrated in Figure 2-7. For a given price p, the quantity q1 demanded by one consumer, and the quantity q2 demanded by a second consumer are illustrated. The sum of these quantities represents the market demand, if the market has...

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  • For instance, in developing countries in particular, we would expect those in urban areas to utilize cars, motor cycles and buses to a greater extent than those in rural areas. Similarly, agricultural products are transported to the cities, often from places far away—see Parikh and Shukla (1995) who provide an early analysis of the effect of urbanization on energy use and greenhouse gas emissions in developing countries. We agree with O’Neill and Chen (2002, p.

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  • This was, of course, opposed by proponents of the canon, pre-eminently Clement Greenberg. Greenberg published his es- say Towards a Newer Laocoon in 1940, twelve years before Cage’s concert. In it he wrote, “There has been, is, and will be, such a thing as a confusion of the arts.” He argues that, in each era, there can be, and has been, a dominant art, one all the others tend to imitate to their own detriment, perversion, and loss of integrity. From the early 17th century to the last third of the 19th, he says that the dominant art was literature. What...

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  • Because this is the first exploratory study of this important question, we do not pretend to have the final answers. The monetary estimates presented in this report represent only part of the full economic costs of health inequalities, and the potential benefits of reducing these inequalities. It is likely that a strong economic case for reducing health inequalities can be made.

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  • The manner in which safety is improved depends on the type of ramp management strategy selected. Ramp metering improves safety by breaking up platoons of vehicles entering the freeway, thereby allowing more orderly and safe interactions between merging vehicles and freeway mainline vehicles. Ramp closure improves safety by preventing vehicles from using ramps, where nearby events or activities pose a safety threat to vehicles.

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  • The DOE Fundamentals Handbooks represent the needs of various DOE nuclear facilities' fundamental training requirements. To increase their applicability to nonreactor nuclear facilities, the Reactor Operator Fundamentals Manual learning objectives were distributed to the Nuclear Facility Training Coordination Program Steering Committee for review and comment. To update their reactor-specific content, DOE Category A reactor training managers also reviewed and commented on the content.

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  • Media skills play an increasingly important role in the gathering and sharing of ideas and information. At the core of media mastery are the same fundamental capacities as are required “offline” in traditional print forms: an ability to produce clear communications and an ability to access, understand, and evaluate complex materials and messages. Media mastery also calls upon some skills unique to the online environment, ranging from being able to conduct digital-based research to exchanging and debating ideas in online discussions to interacting with new text forms.

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