scholarly journals The Flow - Performance Relationship: Evidence from Pakistani Mutual Funds

2020 ◽  
Vol 6 (1) ◽  
pp. 145-154
Author(s):  
Saleh Nawaz khan ◽  
Amna Noor

we use the novel sample of Pakistani mutual funds to examine the flow performance relationship.  We apply linear regression model with fixed effect on unbalanced panel data for the period of 2012 to 2018. Consistence with the existence literature  using sample of US and other developed countries ,we find positive flow- performance relationship , but the prior performance do not have larger impact on subsequent fund flows.  Our results also exhibit that the shape of the relationship is not linear; it’s convex like other developed countries. In other words, the past high performing funds attracts larger inflow in the next periods whereas the past low performing fund suffer from minimal out flow in the next period.

2020 ◽  
Vol 17 (9) ◽  
pp. 1084-1101
Author(s):  
Tingjuan Wu ◽  
Xu Yao ◽  
Guan Wang ◽  
Xiaohe Liu ◽  
Hongfei Chen ◽  
...  

Background: Oleanolic Acid (OA) is a ubiquitous product of triterpenoid compounds. Due to its inexpensive availability, unique bioactivities, pharmacological effects and non-toxic properties, OA has attracted tremendous interest in the field of drug design and synthesis. Furthermore, many OA derivatives have been developed for ameliorating the poor water solubility and bioavailability. Objective: Over the past few decades, various modifications of the OA framework structure have led to the observation of enhancement in bioactivity. Herein, we focused on the synthesis and medicinal performance of OA derivatives modified on A-ring. Moreover, we clarified the relationship between structures and activities of OA derivatives with different functional groups in A-ring. The future application of OA in the field of drug design and development also was discussed and inferred. Conclusion: This review concluded the novel achievements that could add paramount information to the further study of OA-based drugs.


Blood ◽  
2020 ◽  
Vol 136 (Supplement 1) ◽  
pp. 9-10
Author(s):  
Kevin E Todd ◽  
Meghan E Mcgrady ◽  
Anne Blackmore ◽  
Carrie Hennessey ◽  
Lori Luchtman-Jones

Background: Medication nonadherence rates as high as 50-75% have been widely reported in children and adolescents with chronic medical conditions. Anticoagulation nonadherence is associated with increased morbidity and mortality from hemorrhagic and thrombotic complications, reported mostly in older adult populations. As direct oral anticoagulant use increases, it is critical that pediatric clinicians understand the prevalence, adverse sequelae, and predictors of nonadherence for various anticoagulants prescribed for children and young adults to facilitate self-management in this population. To begin to address these critical knowledge gaps, this study explored the frequency of reported barriers to anticoagulation adherence and the relationship between reported barriers and adherence among a cohort of children and young adults who were prescribed anticoagulants through a pediatric thrombosis clinic. Methods: Data for this abstract were collected as part of a quality improvement (QI) initiative in the pediatric thrombosis clinic from May 2019 to November 2019. This QI initiative included the administration of a self-report measure which asked families to rate the presence/absence of 19 barriers to adherence and respond to two items assessing adherence ("How many anticoagulation doses did you/your child miss in the past 7 days?"; "Did you/your child miss any anticoagulation doses in the past month?"). Patients aged > 10 years (yr.) and/or their caregivers (for patients 0-17 yr.) visiting the clinic for anticoagulation follow-up completed the measure. With IRB approval, results from 161 anonymous measures from 130 families (n = 37 caregivers; n = 62 patients; n = 31 patient/caregiver dyads) were analyzed. Descriptive statistics were used to summarize the most frequent barriers, rates of adherence, and concordance of barriers within patient/caregiver dyads. Linear regression was used to explore relationships between barriers and adherence after controlling for medication administration type (injections versus oral). To ensure only one measure per family was included in this analysis, the regression was run on the subset of measures completed by caregivers of children < 18 yr. and patients ≥ 18 yr. (n = 105 [37 caregivers + 62 patients + 31 caregivers from patient/caregivers dyad = 130 families; 130 - 25 families with missing adherence data = 105 families]). Results: Of 161 reporters, 120 reported at least 1 barrier. The most common barriers were medication side effects (n = 44), alterations in lifestyle secondary to medication (n = 44) and forgetting to take the medications (n = 37). The distributions of barriers by reporter and medication type are illustrated in Figure 1. Of 31 dyads, 26 reported 1 or more barriers. Only 6 caregiver/child dyads reported the same set of barriers. The remaining 77% (n = 20) of caregivers endorsed different barriers than their children. On average, patients and caregivers reported 1.85 barriers (SD = 1.95, range 0 - 10) and that they/their child took 96% of prescribed doses (SD= 9%, range = 71 - 100%). The linear regression was significant (F(2, 102) = 4.19, p = 0.02, R2 = 0.08). After controlling for medication type (p = 0.06), a greater number of barriers was significantly associated with lower adherence (t = -2.63, p = 0.01). Every one unit increase in total barriers (1 additional barrier reported) was associated with a decrease of .26% in adherence. Discussion: Although self-reported adherence was high, 75% of patients and caregivers reported 1 or more barriers to adherence. A greater number of barriers is associated with lower adherence, regardless of medication route, suggesting that addressing reported barriers might improve adherence. The spectrum of reported barriers was diverse, differing even within patient and caregiver dyads. Therefore, it is important to evaluate both patients and caregivers to fully assess the burden of barriers. Future studies are needed to evaluate the impact of addressing barriers and the relationship between anticoagulation adherence, barriers, and health outcomes. Figure 1 Disclosures Luchtman-Jones: Corgenix: Other: Provided discounted kits for study; Accriva Diagnostics: Other: Provided kits for study.


AJS Review ◽  
2021 ◽  
pp. 1-20
Author(s):  
Claire E. Sufrin

This article suggests that bringing Jewish literature and Jewish thought into conversation can deepen our understanding of each. As an illustration of this interdisciplinary methodology, I offer a reading of Cynthia Ozick's 1987 Messiah of Stockholm. I claim that Ozick has embedded an argument about the relationship of post-Holocaust Jewry to the past into the literary features of her novel. Her argument draws in particular upon Leo Baeck's account of Judaism as focused on the present and future in contrast to the worshipful approach to the past characteristic of other religions. At the same time, I offer a more nuanced take on the fear of idolatry so often noted in analyses of Ozick's work and situate that fear in relationship to the literary theories of her predecessor Bruno Schulz, who plays a key role in the novel, and her contemporary Harold Bloom.


2020 ◽  
Vol 2020 ◽  
pp. 1-14
Author(s):  
Chen Wang ◽  
Yuanlin Hu ◽  
Jianhua Zhang ◽  
Chenglin Miao

The upper echelons theory is utilized to establish how CEO’s attributes affect firm’s technological innovation decisions. The extant literature has largely ignored the impacts of CEO media exposure. An unbalanced panel data analysis is used to examine the effects of CEO media exposure on Chinese polluting firm’s green technological innovation. It is illustrated that CEO media exposure generally enhances Chinese polluting firms’ green technological innovation decisions. In addition, we find that firms with state ownership and environmental regulations all moderate positively the relationship between CEO media exposure and green technological innovation. The research suggests that CEO media exposure appears to be a stimulus to firm’s green technological innovation decisions.


2014 ◽  
Vol 2014 ◽  
pp. 1-6 ◽  
Author(s):  
Zhike Lv ◽  
Huiming Zhu

A large body of literature studies on the relationship between health care expenditure (HCE) and GDP have been analyzed using data intensively from developed countries, but little is known for other regions. This paper considers a semiparametric panel data analysis for the study of the relationship between per capita HCE and per capita GDP for 42 African countries over the period 1995–2009. We found that infant mortality rate per 1,000 live births has a negative effect on per capita HCE, while the proportion of the population aged 65 is statistically insignificant in African countries. Furthermore, we found that the income elasticity is not constant but varies with income level, and health care is a necessity rather than a luxury for African countries.


Plants ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 31
Author(s):  
Eduardo Salgado ◽  
Nieggiorba Livellara ◽  
Esteban Chaigneau ◽  
Fernando Varas ◽  
Italo F. Cuneo

Diameter fluctuations of branches, shoots, or fruits are related to plant transpiration and water potential. In the past, several models have related dendrometric variables and evapotranspiration on a daily scale. However, trunk–branch shrinkage occurs only between dawn and midday, while evapotranspiration occurs most of the day from sunrise to sunset. Previous models have failed to incorporate this key fact. The objective of the present study was to assess the relationship of hourly daily shrinkage (HDS) between dawn and the next 4 h to the hourly reference evapotranspiration (EToh) of the same period in walnut trees and pomegranate plants under different irrigation regimes. Our data show that the relationship between EToh and HDS is much better than several previous models that included maximum daily shrinkage (MDS) and reference evapotranspiration (ETo). The novel slope analysis of the relationship between HDS versus time used here corresponds to the velocity at which the HDS occurs, which depends on the ETo intensity at that moment. This new method of analyzing this type of data calls for a revision of these models and sets a new baseline for future analysis.


2021 ◽  
Vol 6 (4(17)) ◽  
pp. 57-72
Author(s):  
Melida Travančić

This paperwork presents the literary constructions of Kulin Ban's personality in contemporary Bosnian literature on the example of three novels: Zlatko Topčić Kulin (1994), Mirsad Sinanović Kulin (2007), and Irfan Hrozović Sokolarov sonnet (2016). The themes of these novels are real historical events and historical figures, and we try to present the way(s) of narration and shape the image of the past and the way the past-history-literature triangle works. Documentary discourse is often involved in the relationship between faction and fiction in the novel. Yet, as can be seen from all three novels, it is a subjective discourse on the perception of Kulin Ban today and the period of his reign, a period that could be characterized as a mimetic time in which great, sudden, and radical changes take place. If the poetic extremes of postmodernist prose are on the one hand flirting with trivia, and on the other sophisticated meta- and intertextual prose, then the Bosnian-Herzegovinian romance of the personality of Kulina Ban fully confirms just such a range of stylistic-narrative tendencies of narrative texts of today's era.


2021 ◽  
Vol 51 (2) ◽  
pp. 263-281
Author(s):  
Eoin Flannery

One of the central contentions of this essay is that Paul Murray's novel, The Mark and the Void, addresses questions of faith, fictionality, literary form and the relationship between abstract finance and material sociality. The novel engages with and exposes the arcane vernaculars of finance capitalism, while at the same time registering the inalienable materiality of their effects in terms of impoverishment, displacement and terminal indebtedness. As we shall detail, for Murray, the purpose of ‘finance fiction’ is neither to confirm nor further mythologize the transcendental fictionality of high finance. In crafting such a literary critique of Celtic Tiger Ireland, Murray invokes an increasingly common trope – the zombie. In doing so, The Mark and The Void partakes of a figuration that acknowledges ‘the deadliness of financialized debt and credit crisis’. In a sense, enlisting the metonymic figure of the zombie speaks to the undead nature of indebtedness, and it is an apt figuration of the past that continues to haunt in the present and into the future. As the narrative suggests, debt is the financial burden that refuses to die, and the literary zombie represents communities of Celtic Tiger debtors metonymically.


2015 ◽  
Vol 6 (1) ◽  
pp. 88
Author(s):  
Somayeh Baadab Barzegar ◽  
Mohammad Reza Hoshyar Sadeghian ◽  
Roghayeh Hassanzadeh

<p>E-commerce, has distinguished today's world from the past strictly, But the organizations with knowing its usage can apply it very well. The purpose of this study is investigation of the effect of the cognition, feelings and personality variables on customer purchase intention from online stores in e-commerce. To test the hypothesis of research, Pearson correlation test, linear regression and path analysis model were used. The results of this research has showed that online stores’ managers, according to personality, emotional and cognitive traits of customers, will allocate a larger share of virtual market of e-commerce to themselves.</p>


2017 ◽  
Vol 14 (2) ◽  
pp. 44-50
Author(s):  
Mohammad Ahid Ghabayen ◽  
Ahmad Omar Hardan ◽  
Zaid Jaradat ◽  
Mohannad Alshbiel

The main objective of this study is to examine the relationship between government ownership and bank performance in Jordan. The banking sector has been widely ignored in the past corporate governance studies due to its strict system. Using a panel data from 2004 to 2013 (147 observations/years), the multiple regression analysis shows that increasing the percentage of shareholdings leads to higher profitability. Additional government-linked banks (GLBs) generally outperform their unlinked counterparts. However, their outperformance is contingent to the significance percentage of the shareholdings. On other words, if the government shareholdings are not significant (less than 10%) the government ownership does not make a significant difference in the performance. Using panel data provide us with a significant roles played by the period of the study. The banks show increasing in their performance through the period of this study. However, the size and the age of the banks are found to be insignificant while the leveraged banks significantly underperform their counterparts. The results of this study might be of interest of potential investors, policy makers, governance agencies and information users.


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