Can Money Flows Be Separated between Business and Housing? Evidence from China

2022 ◽  
Author(s):  
Wenkai Sun ◽  
Wenjing Wang ◽  
Xianghong Wang
Keyword(s):  
Author(s):  
Diane-Laure Arjaliès ◽  
Philip Grant ◽  
Iain Hardie ◽  
Donald MacKenzie ◽  
Ekaterina Svetlova

Chapter 1 introduces the idea of the chain as related to investment management. It highlights the increasing importance and influence of the asset management industry and argues that, despite this fact, the behaviour and decision-making of asset managers has been little studied. The chapter suggests that investment decisions today cannot be understood by focusing on isolated investors. Rather, most of their money flows through a chain: a sequence of intermediaries that ‘sit between’ savers and companies/governments. The chapter introduces the central argument of the book that investment management is shaped profoundly by the opportunities and constraints that this chain creates.


2021 ◽  
pp. 234094442110246
Author(s):  
Laura Andreu ◽  
Carlos Forner ◽  
José Luis Sarto

Using a unique database that includes publicly disclosed fund holdings at the end of the quarter as well as the holdings in all non-publicly disclosed months, we found that some funds could alter their portfolios in publicly disclosed months to artificially increase their Active Share scores and consequently appear more active and take advantage of the positive relationship between Active Share and money flows. We show how, consistent with non-informed trades, these funds erode their future performance. However, these funds reach their objective of increasing future money flows. Moreover, we find that window-dresser funds can be identified by controlling the level of tracking error. The funds with high Active Share scores and low tracking errors have the highest levels of Active Share window dressing and the worst future returns. However, compared with less active funds, they are able to capture higher money flows. JEL CLASSIFICATION G23; G11


2012 ◽  
Vol 40 (1) ◽  
pp. 108-126 ◽  
Author(s):  
M. Fabricio Perez ◽  
Josef C. Brada ◽  
Zdenek Drabek
Keyword(s):  

Author(s):  
Mette M. High

This concluding chapter looks at the gold traders who take part in economic circuits that are oriented away from the mines and toward the yuan of their Chinese trading partners within Asia's illegal gold trade. For them, the intersection of gold wealth with international money flows is conducive to the transformation of their “lifeless” earnings into profitable and productive currency. Holding and handling unmatched quantities, they quickly reinvest their “renewed” money into the gold trade or a business venture. Often transformed into visible, material wealth, money from the illegal gold trade thus offers a competing topography of wealth that is based not on the accumulation of fortune in livestock but on risk taking and business acumen.


Author(s):  
Jarmila Duháček Šebestová

In any crisis or uncertain situation, it is necessary to carefully decide about three main points: when, what to invest, and which financial sources will be used. A profit reinvestment would be an effective and safe way of circulating money flows in a company. The first wave of COVID-19 has changed business conditions not only in the Czech Republic, but also it has an influence on financial decisions of entrepreneurs on how to use financial resources in individual segments of the company. The main goal of this chapter is to compare the reinvestment behavior in the company before the crisis based on primary research data (at least 425 respondents). The chapter includes results of different preferences influenced by COVID-19 uncertainty, and factor analysis has shown that availability of internal resources was important to survive restrictions and to be able to continue in financial planning to sustainably develop the business. Unfortunately, the relationship between business experience and main motives to invest wasn't confirmed.


Author(s):  
Silvio Gonnet ◽  
Marcela Vegetti ◽  
Horacio Leone ◽  
Gabriela Henning

This contribution points out the various challenges associated to Supply Chain Management (SCM). SCM involves coordinating and integrating material, information and money flows, both within and across several companies. The integration of these flows is perceived in quite distinct ways by different communities, raising some semantics-related problems. To assist organizations in achieving a unified view of the Supply Chain (SC), a new ontology, named SCOntology, is introduced in this chapter. SCOntology is a framework to formally describe a SC at various abstraction levels, by sharing a precise meaning of the information exchanged during communication among the many stakeholders involved in the SC. Moreover, SCOntology provides a foundation for the specification of information logistics processes and also sets the grounds for measuring and evaluating a SC by stating different metrics and performance-related concepts.


1989 ◽  
Vol 3 (4) ◽  
pp. 181-193 ◽  
Author(s):  
George Loewenstein ◽  
Richard H Thaler

We examine a number of situations in which people do not appear to discount money flows at the market rate of interest or any other single discount rate. Discount rates observed in both laboratory and field decision-making environments are shown to depend on the magnitude and sign of what is being discounted, on the time delay, on whether the choice is cast in terms of speed-up or delay, on the way in which a choice is framed, and on whether future benefits or costs induce savoring or dread.


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