We study managers who manage multiple mutual funds. Consistent with the idea that investors infer ability from past returns, flows into a fund are predicted by the past performance in another fund the multi-fund manager manages. The explanatory power of the other fund is stronger when it performed particularly well, when the two funds have similar styles, and when the manager has started managi...

this article elaborates on the role of the periodical fund of the national library named after m. f. akhundov in the development of the azerbaijani culture and science through a short survey of the funding history. the main goal of this article is to create a comprehensive historical scene of the periodical fund of this library which was established in the first half of the twentieth century an...

liposomes as a drug carrier have numerous dominancy. liophilization is the most propr form of these products for long-term maintenance, but this procedure is affected by unstabilizing agent that results in destruction of membrane, release of content and change in size and microbial contamination hence for prevention of the adverse effects, the protective role of sugars such as: maltose, fructos...

Mutual fund providers serve two principals with opposing interests: their owners, who want them to maximize profits, and their fund shareholders, who want them to maximize fund returns. I investigate what role is played by customer power and information, as well as by competition among fund providers in influencing the balance of power between these two opposing principals. Using a data set of ...

This paper aims to contribute to the understanding of the factors that determine fundraising and investment in the private equity market in Europe. These are analysed separately, since the lags faced in this activity determine the existence of two separate markets. As a result, private equity institutions deal with different agents, namely investors (fundraising) and firms (investment), whose l...

This paper provides a summary of what is known from social science research about the effects parents have on the donations of their children. It then goes on to summarize two on-going research projects. The first project provides estimates of the strength of the relationship between the charitable giving of parents and that of their adult children. The second provides estimates of the effect o...

Nonprofit board members and administrators have a responsibility to 1) ensure that their organization’s return on investment (ROI) in fundraising is reasonable through good internal management practices, and 2) communicate to their constituents and the general public that fundraising is an investment in achieving the goals, objectives and anticipated outcomes described in the organization’s str...