This study contributes to the academic literature on faith-based mutual funds, by offering a comparative investigation of Islamic vs. conventional funds’ performance sensitivity changes in list seventeen relevant attributes, all context Saudi market. The measures investigated are excess return, selectivity and timing. took place from 2011 2015, with sample 200 Active 137 63 conventional. Findin...

In traditional study of supply chain management, people mainly consider the decisions from perspective of the operations management, such as, capacity, inventory, ordering level, pricing, etc., and often ignore to consider the impact of financial flow within the supply chain. However, the key function of supply chain management is concerned with the coordination of material flows, information f...

In this paper, we study the impact of sovereign CDS on equity mutual funds across 24 developed and emerging market countries. Our investigation builds premise that flow performance respond negatively to increased default risk as measured via entities. As predicted by our theory, find i) spreads are indeed associated with decreased return ii) covary subsequent fund flow. This is consistent inves...

stock return is usually considered to be affected by firm’s financial ratios as well as economic variables. fundamental method assume that stock returns is not solely related to the stock market. most result come from the company condition , industry situation and whole economy. in this paper, this relationship between stock return and fundamentals is studied using the data for 22 pharmaceutica...

The performance of the average investor in an asset class lags the average performance of the asset class itself by an average of one percent per year over the past fifteen years, based on net investor mutual fund cash flows. We present a model in which a representative behavioral investor believes next year’s returns will exactly match last year’s returns and show that this leads to price adju...