from long time ago the shortage of finance in business practices was one of the striking problems for traders and thus there have always been endeavors to find a solution to it. one of the ways put forward was using the stocks stored in warehouses as security for loans. taking advantage of a descriptive method, this paper describes field-warehousing as a means of raising cash funds and the regu...

issuance value, redemption value and net value of issuance and redemption of investment units is called cash flow to mutual funds. this cash flow to mutual funds is used as an investor sentiment index, when there is significant relationship between cash flow to mutual funds and market return. in this paper, relationship between these two items is to be evaluated. monthly and weekly cash flow to...

the purpose of this research is to evaluate the ability of mutual funds investors to forecast the performance of mutual funds and selecting the best performed funds. it should be mentioned that both individual and institutional investors have been evaluated in this study. in order to answer the question whether the investors have the ability to forecast the performance of mutual funds or not, w...

this paper explains offset and develops a strategic approach for the implementation of offset-policy for a buyer country. offset emerges when a country cannot afford to pay cash for non-essential imports, and cannot get cash for many of its products. offset arrangements are most frequently found in the defense-related sector. however, recently, it refers to a range of industrial and commercial ...

I document a positive relationship between excess cash holdings of actively managed equity mutual funds and future fund performance. The difference in returns of portfolios of high and of low excess cash funds amounts to over 2% annually, or approximately 3% after standard risk adjustment. I study whether this difference in performance can be explained by the differences in managerial stock sel...

The cost of inventory management depends mainly on two basic units, the keeping and orders, as these one complements other. To show total through laws, authors suggested many techniques for this purpose. operation gradually decreases with use its materials. In work, proposed some in order to obtain minimum by dividing agreed period three percentages after it was divided into periods, meaning th...

A common paradox for charities is the generous in-kind donation. Donations of goods and services are welcomed because of their inherent value but even the most sophisticated organizations find themselves ill-equipped to choose the most lucrative ways to translate these donations into cash. Without much guidance raffles are commonly chosen; however, auctions are becoming more popular. So far, th...

This paper explains offset and develops a strategic approach for the implementation of offset-policy for a buyer country. Offset emerges when a country cannot afford to pay cash for non-essential imports, and cannot get cash for many of its products. Offset arrangements are most frequently found in the defense-related sector. However, recently, it refers to a range of industrial and commercial ...

Article history: Received 31 August 2009 Received in revised form 8 July 2011 Accepted 18 July 2011 Available online 22 August 2011 This paper tests whether financial constraints play a disciplinary role in cash dissipation in the presence of agency problems. We hypothesize that when firms have difficulty raising external funds, empire-building managers of cash-rich firms will be less likely to...

Many firms face a problem of managing cash balances to maximize the availability of cash for investment and to avoid the risk of insolvency. In this paper, we consider a cash management model in which the two types of funds are available when a manager adjusts cash level. We suppose that the rate of utilizing the two funds for the amount of adjustment is constant. Our objective is to minimize t...