Investor decision making has always been affected by two factors: risk and returns. Considering risk, the investor expects an acceptable return on the investment decision horizon. Accordingly, defining goals and constraints for each investor can have unique prioritization. This paper develops several approaches to multi criteria portfolio optimization. The maximization of stock returns, the pow...

findings The 1992 Czechoslovakia mass privatization program cxpect that two firms with different shareholding involving about 1,500 enterprises and implemented structures, but otherwise identical, would trade at through a voucher scheme with competitive bidding was different prices-with the firm with a more a bold step in changing the ownership and governance of concentrated ownership, and pres...

We argue that the trend toward international investment agreements (IIAs) with stricter investment rules is driven by competitive diffusion, namely defensive moves of developing countries concerned about foreign direct investment (FDI) diversion in favor of competing host countries. Accounting for spatial dependence in the formation of bilateral investment treaties (BITs) and preferential trade...

We study the impact of foreign institutional investor (FII) flows on stock returns in India. We exploit stock-level daily trading data for FII purchases and FII sales during 2006-2011 to separate stocks into those experiencing abnormally high and low FII flow innovations. We find that stocks with high innovations are associated with a coincident price increase that is permanent, whereas stocks ...

PURPOSE This white paper addresses a burning question related to investment promotion and trade promotion synergies: Are Trade Promotion Organizations and Investment Promotion Agencies merging? In order to better understand Investment Promotion Agencies (IPAs) and if their services and goals present similarities with Trade Promotion Organizations (TPOs), this whitepaper identifies the four majo...

In the 13 years preceding 1995, foreign direct investment in the U.S. forest industry increased 54 percent, but the U.S. direct investment in forest industry abroad nearly doubled. The forest industry's share of total foreign investment in the U.S. manufacturing sector declined, but its share of foreign investment abroad increased. During the same period, the U.S. forest industry attracted only...

The development of mobile applications has mushroomed in local and foreign industries. This provides a tremendous opportunity for developers. For technopreneur developer, the capital to run the business is one of the biggest problems despite the fact that they may have great competence in the field. The fact that the business has big potential market in Indonesia has invited investors from loca...