Transparency in Village Fund Financial Management

IT Financial Management-Cost transparency and effective IT governance

Hedge Fund Redemption Restrictions, Financial Crisis, and Fund Performance

This paper examines the impact of hedge fund redemption restrictions such as lockup period, notice period, and redemption period on fund flow, risk, and performance. We first examine the effects of redemption restrictions conditional on past poor performance. We then examine the differential impact of redemption restrictions under different market conditions. We find that during normal periods,...

Rational Transparency Choice in Financial Market Equilibrium∗

Add a stage of signal acquisition to a canonical model of portfolio choice. Under fully revealing asset price, investors’ information demand reflects their choice of transparency. In reducing uncertainty, financial transparency raises expected asset price and thus benefits holders of the risky asset. At a natural transparency limit, however, investors pay to inhibit further disclosure in order ...

Analysis of social capital of rural micro-credit fund Case: Bstaq village in Sarayan County

Introduction Sustainable development is actually a process towards sustainability. It can be conceptually classified within other concepts such as social reorganization, transition to a better future, conserving the quality of the environment, people empowerment, creating new capacities, and respecting indigenous knowledge and information. All these concepts are considered to be the main axi...

Transparency and Bypass in Electronic Financial Markets

Electronic markets use information technology to disseminate information on prices, quantities, and buyer and supplier identities. In spite of the recognized benefits of electronic markets, increased visibility and transparency may introduce imperfections, and create profitable opportunities to bypass markets that generates the information. In the U.S. securities markets, dissemination of marke...