Results 121 to 130 of about 204,636 (299)

DETERMINANT FACTORS OF THE INVESTMENT PERFORMANCE OF VOLUNTARY PENSION FUNDS IN ROMANIA [PDF]

The goal of this paper is to give an overview of the voluntary private pension system.In the beginning it presents both the features and the legal framework that guide the functioning ofthese pension funds in our country and the basic descriptive data ...
Luiza Mos, Victoria Seulean
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Retirement Savings Incentives for Low‐ and Middle‐Income Individuals: Does Government Funded Matching Change Behaviour?*

Economic Record, EarlyView.
We evaluate a government‐funded matching policy for retirement savings contributions targeted at low‐ and middle‐income individuals. Using a difference‐in‐difference approach, we exploit administrative changes to the Australian Government's retirement contribution matching (co‐contribution) policy to identify the impact of the programme on savings ...
Kristen Sobeck, Robert Breunig
wiley   +1 more source

Strategic (Inconsistent) Disclosures and Sophisticated Investors: Evidence from Hedge Funds

Journal of Accounting Research, EarlyView.
ABSTRACT Recent SEC regulations require that qualified hedge fund advisers provide their investors with narrative disclosures of their business and operations. We find that 40% of these disclosures omit or de‐emphasize information regarding advisers' operational and investment risks when compared to other sources of public information. Funds with such “
YICHANG LIU, JOSHUA MADSEN, FRANK S. ZHOU   +2 more
wiley   +1 more source

The trouble with pensions: Toward an alternative public policy to support retirement [PDF]

, 2010
Pension funds have taken a big hit during the current financial crisis, with losses in the trillions of dollars. In addition, both private and public pensions are experiencing significant funding shortfalls, as is the government-run Pension Benefit ...
Nersisyan, Yeva, Wray, L. Randall
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Accounting for Expected Cost Savings and Synergy Gains: The Role of Lenders’ Risk Preferences Comptabilisation des économies de coûts et des gains de synergie attendus : le rôle des préférences des prêteurs en matière de risque

Contemporary Accounting Research, EarlyView.
ABSTRACT This paper examines whether lenders' risk preferences explain the use of cost‐synergy adjustments in loan contracts. These adjustments represent an aggressive accounting choice that permits borrowers to add expected cost savings and synergy gains from mergers, acquisitions, and restructurings to contractual earnings. Using novel data from loan
Shushu Jiang
wiley   +1 more source

The peculiarities of the participation of private pension funds, insurance companies and banks in the private pension provision [PDF]

, 2012
У статті розглянуто структуру пенсійної системи України та склад основних її учасників. Досліджено межі участі недержавних пенсійних фондів, страхових компаній та банків у недержавному пенсійному забезпеченні.
Nebaba, Nataliia Oleksandrivna, Zhuravka, Fedir Oleksandrovych, Журавка, Федор Александрович, Журавка, Федір Олександрович, Небаба, Наталья Александровна, Небаба, Наталія Олександрівна   +5 more
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Does the All‐Star Award Affect Chinese Analysts' Performance? Evidence From a Regression Discontinuity Design and the Field Le prix All‐Star influence‐t‐il le rendement des analystes chinois ? Données probantes issues d'une régression sur discontinuité et du terrain

Contemporary Accounting Research, EarlyView.
ABSTRACT This paper examines the effect of the All‐Star award on the performance of Chinese financial analysts. Leveraging unique voting data from 2007 to 2016 and a regression discontinuity design (RDD), we find that the All‐Star award significantly enhances recipients' fundamental analysis. Awarded analysts issue more accurate earnings forecasts, and
Congcong Li, Shaokun Li, Hai Lu
wiley   +1 more source

Private pension funds in russian financial market

, 2014
Согласно Концепции долгосрочного социально-экономического развития РФ на период до 2020 года одним из приоритетов государственной политики на современном этапе является создание эффективной пенсионной системы. Авторы Концепции считают, что негосударственные пенсионные фонды необходимы для формирования эффективного и конкурентоспособного финансового ...
Kulakova Sofya Alekseevna, Sharafutdinova Irina Rafailovna, Shishkina Elena Alekseevna   +2 more
openaire   +1 more source

Open Pension Funds in Poland: The Efects of the Pension Privatization Process

International Journal of Management and Economics, 2014
Abstract Since their establishment in 1999, the Open Pension Funds (OPFs) have comprised a mandatory capital pillar in the pension system of Poland. The paper`s objective is to analyze the principles under which the OPFs function and assess their past and anticipated future impact on the state of the country's public fnances ...
openaire   +2 more sources

Governance of public pension funds : lessons from corporate governance and international evidence [PDF]

An understanding of corporate governance theory can promote the adoption of appropriate governance tools to limit agency problems in public pension fund management. The absence of a market for corporate control hinders the translation of lessons from the
Hess, David, Impavido, Gregorio
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