This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation …

China's pension system is facing a large gap of more than one trillion RMB. The investment efficiency of the social … National Council for Social Security Fund (CNCSSF) from 2004 to 2012 to research the stocks' investment efficiency …, distinguishing between direct investment by the CNCSSF and entrusted investment by fund companies. The results indicate that both …

China's pension system is facing a large gap of more than one trillion RMB. The investment efficiency of the social … National Council for Social Security Fund (CNCSSF) from 2004 to 2012 to research the stocks' investment efficiency …, distinguishing between direct investment by the CNCSSF and entrusted investment by fund companies. The results indicate that both …

effort. The results have important consequences for investment decisions at private companies. …

on data from a survey conducted among portfolio managers of Western investment funds thereby making use of the knowledge … of experts in CEE markets. The approach of the study is two-fold : First, criteria for portfolio investment and current … barriers to higher investment in CEE countries are identified. Second, the CEE portfolio structure is explained making use of …

SRI equity investment funds and equity indices is investigated using Jensen´s alpha as performance measure. The analysis … investment style of the SRI funds and indices. It is found that most of the SRI assets have a similar performance than their … specific risk-return characteristics (investment styles) that might be characterised as special investment vehicles different …

capital markets by incorporating ESG (Environmental, Social and Governance) factors into investment selection and management …