Investment Management Literature Review

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According to empirical evidence, wealth-maximization criteria were found significant among. This is
because investors can buy the underlying asset on the spot market at a lower price than the
predetermined strike price at which seller is obliged to buy the asset from the futures short investor.
Thus, options are more expensive than futures contracts. The error that arises from these subjective
measures is exacerbated in longitudinal measurements of a practice to try and establish how the
magnitude of adoption or effectiveness has changed, since it introduces further error with each
measurement. They are often a combination of simple put or call options and underlying assets, such
as individual shares or bonds. Report this Document Download now Save Save Literature Review
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Download now Jump to Page You are on page 1 of 17 Search inside document. Management
practices include building an inventory of employee competencies, scanning the environment and
determining competencies which need to be developed or acquired to meet strategic objectives,
developing a system to deliver knowledge, skills or intellectual upgrade, as needed and developing
evaluation and reward systems tied to the acquisition and application of competency that aligns with
the organisation’s strategic objectives. The main result of this behavioural portfolio model is that the
optimal portfolio of a BPT investor is generally not mean variance efficient. Jureviciene, Bikas and
Gausiene (2012) examined investor behavior during the economic. Adobe InDesign Design pixel-
perfect content like flyers, magazines and more with Adobe InDesign. The most important
conclusion of the MPT is that one can minimize the unsystematic risk through diversification. QR
Codes Generate QR Codes for your digital content. This means that every effort has been expended
to interpret any economics data presented in the articles reviewed but the analysis of economics
functions is not intended as a primary purpose nor is it encompassed in the scope of this literature
review. Financial performance across different industries, whether CSR programs add value to
intangible assets such as brand, and how transparency of CSR reporting impacts stakeholder
decisions and, ultimately, financial performance.. Access Doc Performance Management - Wikipedia
First, a commitment analysis must be done where a job mission statement is drawn up for each job.
In PsychInfo the situation sometimes arose that an article was about a specific HR issue but had no
connection to any economic indicators or to performance. These articles were judged to be of
relevance to the literature review and were therefore included. Lodhi (2014) examined the impact of
financial literacy, high. According to (Hull, 2002) in case of a futures long, the contract would
increase in value by 20 per cent if the index moves up one per cent, however the investor would also
lose 20 per cent if the index declines by one per cent. For Later 75% 75% found this document
useful, Mark this document as useful 25% 25% found this document not useful, Mark this document
as not useful Embed Share Print Download now Jump to Page You are on page 1 of 3 Search inside
document. Literature on Human Resources and employee performance also fell under the scope of
this review although it was not the prime focus. Issuu turns PDFs and other files into interactive
flipbooks and engaging content for every channel. Since participation in research is done on a
voluntary basis, it is possible that firms which experience above-average success with their
workplace innovations are more likely to participate than those whose implementation of practices
has been less successful (Ichniowski et al., 2000). Response bias is an even greater concern in
longitudinal research. This data was derived from the COMPUSTAT database. Capital intensity
strategy, the extent to which the firm invests physical assets and retains control over operations and
quality, was investigated as a contingency business strategy variable. Share to Twitter Share to
Facebook Share to Pinterest. Indian individual equity investors’ decision-making and behaviour.
Micro-level research has looked at the effect of Human Resources practices on individual-level
variables such as ability, motivation, performance and attitudes. For this reason, the most recent
literature (1998-2003) is reviewed here to see if we can more decisively and confidently reach
conclusions about the HR-organisational performance relationship. The potential economic
significance of HRM has been increased by strategically fitting HRM practices with business
strategy. The extensive plant visits and multiple respondents that characterise this sub-set of studies
makes them expense and intensive to conduct and researchers typically have to settle for smaller
sample sizes.
Capital intensity, productivity and ROE measures were obtained from the Sheshunoff Bank Search
Database. The research question posed in this thesis takes on the challenge to find empirical evidence
that investment in human capital has a positive impact on intermediate as well as accounting and
share-value economic (bottom-line) indicators of organisational performance, both directly and
indirectly. The term intellectual capital is often used synonymously with intellectual property,
intellectual assets and knowledge assets. When taking investment decisions, non-economic factors
such as religions, rumors, loyalty to. Thus, their asset allocation is a function of what a consultant
views as the expected return of a hypothetical asset allocation. None of the perspectives in the
management literature explicitly treat Human Capital and Human Resources as synonymous
concepts. November 2000. According to empirical evidence, contrary to institutional investors.
Usually a minimum of 75 per cent of the initial margin must be kept in the account, this is also
known as maintenance margin. The job mission statement is a job definition in terms of purpose,
customers, product, and scope. Nevertheless, leverage can also lead to huge losses, which need to be
considered by investors at any time. Both research paradigms are problematic, micro-level research
tends to neglect organisational context and macro-level research does not afford sufficient attention
to human processes. Various books on Portfolio management and investment analysis were also
consulted but only for reference to academic explanations. According to (Marshall and Grant, 1997)
companies face many types of risks, some of which can be controlled and some cannot. For example,
cost-defender firms may predominantly utilise HR practices that promote a control and monitoring-
oriented but they might also value a stable work climate and so use practices that promote
coordination, communication and citizenship. Social Posts Create on-brand social posts and Articles
in minutes. A developmental HRM approach fits with a differentiation strategy, given the need for
high quality, extra-role behaviours and good customer service, while the cost leader is more likely to
emphasise efficient performance to specified objectives, which may be facilitated, by a performance
HRM approach. Options also have a time value, which is the difference between the current option
price and the intrinsic value of the option. Report this Document Download now Save Save
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Literature Review Uploaded by Parth Panchal AI-enhanced description Derivative products can be
traced back to willingness of risk-averse economic agents. And transacting in some assets can be
quite expensive. Employee attitudes and behaviours were found to be significant predictors of firm
effectiveness. Jureviciene, Bikas and Gausiene (2012) examined investor behavior during the
economic. Based on pre-1998 literature it is difficult to draw many conclusions. According to (Acar,
2002) Futures can be bought either as long or short, whereas options are available as call long, call
short, put long and put short combinations, both derivative instruments are used for hedging and
trading purposes. Read More Liquidity Analysis Using Cash Flow Ratios And Traditional. Employee
attitudes and behaviours were rated by top managers, as were the five scales of perceived firm
effectiveness (see diagram above). Venture capital is an important source of equity for start-up
companies. According to (Steinbrenner, 2001) if prices increase and investors execute their rights the
short sellers will experience a loss, as they will have to deliver the underlying asset at the current
market price which is higher than the pre-set exercise price. Financial performance across different
industries, whether CSR programs add value to intangible assets such as brand, and how
transparency of CSR reporting impacts stakeholder decisions and, ultimately, financial performance..
Access Doc Performance Management - Wikipedia First, a commitment analysis must be done
where a job mission statement is drawn up for each job. Exchange Istanbul. As a result of the study,
it was determined that the risk perception. For companies to gain desired productivity increases from
the introduction of advanced and complex technologies, they require a workforce with the necessary
skills and knowledge to use them.
This paper presents an analysis of the labor challenges as a result of the private equity
firms?management model focused on financial engineering. According to (Bossu and Henrotte,
2006) with futures and forwards two parties reach a mutual agreement today about a specific
amount of a certain underlying asset to be bought (buyer) and to be delivered (seller) at a certain
future date at a certain price. A competitive level of compensation retains competent employees and
increases their commitment to the company and they receive training in order to retain their superior
level of competence and thus their competitive advantage by undergoing continual improvement.
Investors improve each mental account by finding the assets and asset allocation that maximizes the
expected return of each mental account sub-portfolio subject to the state that the probability of
failing to reach pre-set threshold aspiration level not exceed a pre-set probability. Literature review
The current ratio and the quick ratio rely on the values identified as current assets and current
liabilities in the Statement of Financial Position.. Return Doc FACTORS INFLUENCING THE
COMPANIES’ PROFITABILITY A synthetic picture of the company’s financial position and
Literature review of financial analysis computed mainly as rates of the balance sheet, such as Fixed
Assets Ratio, Sales to Current Assets Ration, Sales to equity Ratio, Debt Ratio, Gross Margin
Return on. This form of security analysis is called the EIC analysis i.e. economy, industry and
company. Retrieve Content The Progression Of Financial Restatements: Causes And Market. Despite
of ever growing interest in private equity, significant work has not been undertaken by academicians
on the subject, the reason being, non availability of information relating to such a secretive economic
sector. External validity of a research design could be enhanced by randomly assigning an HR
system or programme to half of a sample of workplaces in a single industry or in a single firm whilst
leaving the other half unaffected. More Features Connections Canva Create professional content
with Canva, including presentations, catalogs, and more. Lodhi (2014) examined the impact of
financial literacy, high. Focus groups and case studies might be a better method of measuring HR
orientation. These assumptions are no longer valid when options are involved in a portfolio. Kiran
and Rao (2005) examined whether demographic and psychographic variables were. Digital Sales Sell
your publications commission-free as single issues or ongoing subscriptions. It also familiarises the
reader with the typical methodological issues that are frequently addressed in the literature on
Human Resources and organisational performance. Call options are at-the-money when the current
price equals the strike price and out-of-the-money when the current price is less than the strike price.
Indicators of Human Capital include but are not limited to: average years of service, employee
satisfaction, hours and monetary investment into training employees, expert turnover, level and type
of education, literacy levels, staff morale (percentage of employees which indicate concern with
existing culture and climate and staff turnover), succession planning (percentage of key positions
with at least one fully qualified person ready to over into a leadership position) and so on. Why then,
are organisations showing a heightened interest in promoting and managing human capital. The error
that arises from these subjective measures is exacerbated in longitudinal measurements of a practice
to try and establish how the magnitude of adoption or effectiveness has changed, since it introduces
further error with each measurement. Furthermore, investors contribute to the same extent in the
price movement as investors who acquired the underlying asset directly. Most commonly used
derivatives include forwards, options, future and swaps. Although, risk management was addressed
to some degree, risk management of portfolios was often not even part of the investment policy
statement. (Winthrop Capital Management, 2009) identified that foundation, endowment and
pension fund portfolios are driven by achieving a targeted spending policy or a funding rate. The
interest payments of structured notes are derived from the development of underlying assets, such
as currencies, interest rates, indices, commodities or individual stocks. Kahyaoglu (2011) measured
the effects of gender on investment decisions. According to (Maier, 2004) swaps, unlike forward
rate agreements, options or futures are long term agreements. According to (Steinbrenner, 2001)
hedging, which protects an investor’s portfolio against return losses stemming from declining prices
in their long positions, such as shares or bonds, seems to be the most cost-effective, and when
applied properly the most return-efficient of the above mentioned options. Know-how, education,
vocational qualifications, work-related knowledge and competencies, entrepreneurial activity,
innovativeness, proactive and reactive abilities and changeability are included within the scope of
Human Capital in Edvinnson et al.’s (1997, cited in Dzinkowski, 2000) model. The major
characteristics of swaps are that their pay-out profile is symmetric which is similar to that of a futures
contract. Portfolio management deals with the analysis of individual securities as well as with the
theory and practice of optimally combining securities into portfolios.

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