Matching Items (4)
Filtering by

Clear all filters

157089-Thumbnail Image.png
Description财富管理是一个高度信息不对称的行业,因此投资人需要尽可能减少自身的不确定来做投资决策,通过文献整理,本文发现通过建立信任来消除不确定性是很多投资人都会选择的帮助投资决策的方法。纵观历史,美国2007-2008年的金融危机也恰恰导致金融市场投资人对于理财机构信任的严重缺失,相同的情况也可能发生在中国财富管理市场,因此本文将此选作研究重点,希望深入研究财富管理公司投资人对理财师的信任来得到一系列结论。本文最终发现就平台和理财师相比,投资人更看重平台的信誉度。 投资人大多认为平台的信誉度要高于理财师的信誉度,但是这并不意味着理财师不重要。本文进一步的分析发现,多数投资人会和理财师建立起一种私人联系,且该私人关系有助于加强客户和平台的联系。投资人认为行业经验、为人诚恳,说话可信以及责任心是加强这种私人关系的重要因素。最后,投资人对于钜派平台的信任主要由对于理财师的信任来维持,同时对于理财师的信任主要来自与情感信任。本文的发现对财富管理平台具有战略意义。
ContributorsWu, Qimin (Author) / Shen, Wei (Thesis advisor) / Chang, Chun (Thesis advisor) / Zhu, Hongquan (Committee member) / Arizona State University (Publisher)
Created2019
135012-Thumbnail Image.png
Description
With social technology on the rise, it is no surprise that young students are at the forefront of its use and impact, particularly in the realm of education. Due to greater accessibility to technology, media multitasking and task-switching are becoming increasingly prominent in learning environments. While technology can have numerous

With social technology on the rise, it is no surprise that young students are at the forefront of its use and impact, particularly in the realm of education. Due to greater accessibility to technology, media multitasking and task-switching are becoming increasingly prominent in learning environments. While technology can have numerous benefits, current literature, though somewhat limited in this scope, overwhelmingly shows it can also be detrimental for academic performance and learning when used improperly. While much of the existing literature regarding the impact of technology on multitasking and task-switching in learning environments is limited to self-report data, it presents important findings and potential applications for modernizing educational institutions in the wake of technological dependence. This literature review summarizes and analyzes the studies in this area to date in an effort to provide a better understanding of the impact of social technology on student learning. Future areas of research and potential strategies to adapt to rising technological dependency are also discussed, such as using a brief "technology break" between periods of study. As of yet, the majority of findings in this research area suggest the following: multitasking while studying lengthens the time required for completion; multitasking during lectures can affect memory encoding and comprehension; excessive multitasking and academic performance are negatively correlated; metacognitive strategies for studying have potential for reducing the harmful effects of multitasking; and the most likely reason students engage in media-multitasking at the cost of learning is the immediate emotional gratification. Further research is still needed to fill in gaps in literature, as well as develop other potential perspectives relevant to multitasking in academic environments.
ContributorsKhanna, Sanjana (Author) / Roberts, Nicole (Thesis director) / Burleson, Mary (Committee member) / Barrett, The Honors College (Contributor)
Created2016-12
158033-Thumbnail Image.png
Description随着投资在中国的持续升温,中国各类企业正深度参与其中。在投资热潮的背后,投资失败的比例却令人触目惊心。据研究统计,天使投资失败的比例高达90%,风险投资失败的比例高达70%-80%,私募投资失败的比例也达40%-50%。在传统认识中,投资者往往更看重行业、技术等因素,也通常将投资失败的原因归为选择行业和技术的失误。而一项研究发现,多数(81%)的失败可以归结为投资者在投资对象的甄选上的缺陷,由此可见,人的因素通常是最容易被忽视的一项投资因素。在这一背景下,本文突破以往单纯对成功企业家素质与企业绩效的关系研究,从投资者角度出发,研究投资对象有哪些重要的素质决定了投资的成败,从而帮助投资者精准识别投资对象,提高投资成功概率。

为了实现研究目标,本文主要开展了以下研究:(1)回顾国内外学者的相关研究。对本文所涉及的投资成功或失败、投资于人、企业家精神、创业者素质和领导者素质等基础理论进行回顾,构建理论基础。(2)从企业家、创业者和领导者三方面素质阐述本文对于投资对象素质等相关指标的选取及理论支撑,选取指标构建投资对象素质画像,并通过案例分析及问卷调研分析找出对投资结果具有显著影响的投资对象素质。

通过理论分析和实证研究,本文得到了以下研究结论:成就动机和谦虚利他、冒险精神和归因于内、商业敏锐和精细运营、资源整合和团队领导八个素质不能单独构成投资成功的必要条件,但两两组合后的四组投资对象素质项,构成了投资成功的必要条件。

根据以上研究结论,本文提出以下管理建议:投资对象若要选择成功的投资对象,要分析和考察对象是否同时具备以上四组素质项。防止陷入只关注“表象吸引素质”(成就动机、冒险精神、商业敏锐、资源整合)而忽略 “内在实现素质”( 谦虚利他、归因于内、精细运营、团队领导)的投资陷阱。并通过精准提问、深度追问、性格测评、直觉验证、背景调查及磨合考察六道关精准识别投资对象。
ContributorsLi, Zubin (Author) / Zhu, Hongquan (Thesis advisor) / Hong, Yan (Thesis advisor) / Zhen, Zhang (Committee member) / Arizona State University (Publisher)
Created2020
161349-Thumbnail Image.png
Description随着基金业近年来迅速发展,一位基金经理同时管理多只基金的“一拖多”模式成为了越发普遍的现象并引起广泛关注。但在学术界,这一重要行业现象尚未被充分讨论。为深入探讨基金经理“一拖多”模式的成因及业绩影响。本文搜集并整理了中国2008年到2018年的基金业数据,对该问题进行了系统探讨。首先,就基金被“一拖多”的原因看,研究发现:(1)基金公司有过度使用优秀基金经理的现象,基金经理从业时间越长、学历越高,则管理多只基金的概率越高。(2)现金流压力较小的基金更易被“一拖多”,债券型、基金的最小赎回份额较高以及个人投资者比例较低的基金现金流压力较小,被一拖多的概率更高。(3)基金公司的注册资本越高,成立时间越长,管理规模越大,其管理的基金被“一拖多”的概率就越高。 其次,本文探讨了基金经理“一拖多”的业绩影响,研究发现:(1)基金经理“一拖多”总体上降低了基金回报。(2)异质性分析显示,当基金所在企业成立年份较长、管理资产较高时,基金经理“一拖多”更易导致基金业绩回报显著下降。此外,当基金经理从业时间较短、管理的基金组合的风格集中度较低时,这一效应更加明显。(3)基金“一拖多”模式不仅通过分散经理精力降低基金回报,久经锻炼的基金经理也会利用自身经验和知识弥补甚至追回精力分散效应的损失。 最后,本文还试图研究基金经理的最优基金管理数量。研究发现:基金业绩首先会随着基金经理同时管理基金的个数增加而下降,但随着管理基金个数的进一步增加,基金业绩会有所回升。总体上,基金经理管理的基金数量在10支左右时达到收益率最劣势,当管理基金的数量在17支以上时,经验复制效应带来的收益将超过精力分散效应带来的损耗,达到效应平衡点。 本文补充了当前学术界在基金经理“一拖多”现象上的研究,并根据研究结果提出了对应的业界实务建议。
ContributorsFan, Wei (Author) / Zhu, Hongquan (Thesis advisor) / Yan, Hong (Thesis advisor) / Zhang, Huibing (Committee member) / Arizona State University (Publisher)
Created2021