scholarly journals Evaluating The International Diversification Benefits Of Chinas New Indexes

Author(s):  
A. Seddik Meziani

This article examines the characteristics and performance of selected Chinas financial indexes. Although several indexes were recently made available, this study focuses on three in particular because they are compiled using distinct methodologies. Based on the differences in their composition, they were categorized as either global or investable indexes, herein indexes composed of shares that are readily available for trading in the market. From a portfolio diversification perspective, this study found that U.S. investors seeking exposure to China stand to gain the most from funds tracking the Standard & Poors/CITIC 50 Index (a global index) than from those tracking the FTSE/Xinhua China 25 Indexor the Halter USX China Index (investable indexes). Its risk-return characteristics, along with other performance evaluation measures used, show that it is most efficient in providing international diversification benefits.

Author(s):  
Patrick Egbunike ◽  
Amaka Unamma

This study was carried out with the view to address two fundamental issues: first, to determine if there is any association between budget, budgetary control and performance evaluation; second, to ascertain if there is any significant variation in the budget, budgetary control and performance evaluation measures of hospitality firms in Nigeria. The study employed descriptive design and primary data (questionnaire) was the major source of data collection. Questionnaire was administered to a total of six hundred (600) employees of ten (10) selected hospitality firms in Nigeria. The data obtained were analyzed using both descriptive and inferential statistics. Findings indicated that budget and budgetary control could serve as an avenue through which hospitality firms in Nigeria can be evaluated. In addition, it was revealed that there is a significant variation in the budget, budgetary control and performance evaluation of hospitality firms in Nigeria. On the basis of the findings, it was recommended that hospitality firms in Nigeria should carry out performance evaluation on every aspect of their budget and budgetary activities as a way of ensuring that budgeted outcomes are met. Also, budgetary costs should be a basis of choosing the most-fit performance evaluation technique for hospitality firms since such


2018 ◽  
Vol 30 (4) ◽  
pp. 267-291
Author(s):  
Mukesh Kumar ◽  
Avinash Moharana ◽  
Raj K. Singh ◽  
Arun K. Nayak ◽  
Jyeshtharaj B. Joshi

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