How will China's latest series of reforms affect the country's growing Capital Market? The Capital Market in China: A 60-Year Review, in 3 volumes, serves as the definitive resource on understanding and navigating China's capital market. Both a history and a guide, the 3 volumes of this set explain the methods of state investment and intervention in China, the development of asset-backed securities, and the substantial differences and striking similarities between the capital markets in China and the West. Cao Erjie, banking industry expert and former Investment Investigator at China Construction Bank, shares inside information and firsthand insights on the creation and evolution of the capital market in China. The Capital Market in China: A 60-Year Review offers a frank assessment of the state of the industry and: Explains the methods of asset depreciation and fixed-asset upgrading in China Examines corporate mergers and acquisitions in China Reveals the progression of China's venture capital funds Illustrates equity and bond financing in China Details shareholding reform and enterprise asset restructuring in China Provides real examples of how the capital market works in China
The original impetus for this research was provided several years ago by a request to assist Counsel for Fidelity Management and Research Corporation in analyzing the mutual fund industry, with particular emphasis on money market mutual funds. We were asked to focus our efforts on the mechanism by which the advisory fees of mutual funds are determined. This request arose out of litigation that challenged the level of advisory fees charged to the shareholders of the Fidelity Cash Reserve Fund. Subsequently, we were asked to provide similar assistance to Counsel for T. Rowe Price Associates regarding the fees charged to shareholders of their Prime Reserve Fund. 1940, advisers of Under the Investment Company Act of mutual funds have a fiduciary duty with respect to the level of fees they may charge a fund's shareholders. Since the passage of the Investment Company Act, there have been numerous lawsuits brought by shareholders alleging that advisory fees were excessive. In these lawsuits, the courts have failed to provide a set of standards for determining when such fees are excessive. Instead, they have relied on arbitrary and frequently ill-defined criteria for jUdging the reasonableness of fees. This failure to apply economic-based tests for evaluating the fee structure of mutual funds provided the motivation for the present book, which undertakes a comprehensive analysis of the economics of the mutual fund industry.
Ever since the 2008 financial crisis, governments have struggled to restore the conditions for sustainable economic growth. In this book, Patrick Diamond warns that the policies being pursued risk repeating the errors that led to the crisis. Instead, he argues, we need to get away from the longstanding dichotomy of free-market fundamentalism vs. Keynesian interventionism and create a long-term national economic strategy which delivers fairer, greener and more sustainable growth. Diamond calls for a new politics of production: rebalancing consumption and investment; rebalancing manufacturing and financial services; rebalancing the differential growth rates of the North-East and South-East of England; and rebalancing living standards, reducing the gap between the richest and the poorest. He highlights four areas for reform to achieve this rebalancing act: Radical investment in vocational training Regional banks and regional economic strategies to ensurethat finance flows directly to local businesses Reform of corporate governance to create real value, not speculative value, by bringing together the workforce, management and shareholders for long-term investment and value-creation Pluralisation of the economy by encouraging small and medium-sized enterprises, mutuals, co-ops and social businesses 'The choice is not between Keynes and austerity: what is required is a major programme of structural reform throughout our economy to create fairer, more sustainable and more balanced economic growth.'
Faith can be both fragile and precious. And your spiritual journey can take you places you never before imagined. This is an opportunity to explore the most trusted path of spiritual growth known to humanity: the Bible. We've taken the Bible, dusted it off, and made it available in a whole new way, in bite-sized pieces, with notes of explanation, making this the perfect read for someone with no previous Bible experience. In addition, we've added words of encouragement for you no matter where you are in your spiritual journey-just starting out, or an old pro. The Bible can be a forbidding book for many. That's why we've taken the language of the Bible and rewritten it for a new generation of readers. And we've created conversation starting questions for you and a friend to explore together. Explore ... enjoy ... share ... grow. This is your opportunity to experience God on a whole new level. I like A BIBLE 2 SHARE because it gives me a daily reading plan. Without it I didn't know where to begin when I picked up the Bible. Plus, it is laid out so I can discuss the readings with my small group. Neil Mathweg, Real Estate Agent / Entrepreneur A BIBLE 2 SHARE is by far the best single source to unlock the tenets of Christianity in daily readings! ... perfect for those who are new to Biblical Concepts, it is also a great way for even the seasoned believer to clarify and solidify their understanding of Christianity! Mike Halsted, State Government Program Manager This is an ideal guide for a Mentor and Mentee ... a small group, and a family because of its appeal to all ages. Written in simple and straightforward language, this is an excellent guide to share our thoughts about God. Pat "I like A BIBLE 2 SHARE, because I can casually hand it to someone in a 'Bible Friendly' setting, and just say 'check it out', and they will open it and be interested: A conversation has begun." Jason Gillis, Student, Religious Studies
Membership Marketing In The Digital Age: A Handbook for Museums and Libraries is a membership manager's reference book to what works and how on relevant topics such as member acquisition, membership planning and projections, membership retention and renewals, membership servicing, engagement and loyalty. It features over seventy illustrations including reproductions of marketing pieces and management tools used by leading museums and libraries across the country. Here's a book that will help your museum or library generate many times the purchase price through better practices that will increase your membership many times over.
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