论文代写-投资者和基金经理之间的利益冲突

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论文代写-投资者和基金经理之间的利益冲突，由于信息不透明，导致投资者和基金经理之间的利益冲突。投资者不能以任何代价观察基金经理的所有行为，特别是在收益分配方面，这是基金投资组合所没有观察到的。这将允许基金经理选择有利于自己利益的基金，以使投资组合最大化，而不是首先考虑投资者的最大利益。因此，大量的文献关注如何建立有效的契约，最大限度地缓解基金经理与投资者之间的代理冲突。接下来有关论文代写-投资者和基金经理之间的利益冲突分享给留学生们阅读。

As information is not transparent, it leads to conflict of interest between investors and fund managers. Investors cannot observe at any cost to all acts of fund managers, especially in distribution of income which is not observed from Fund investment portfolio. This would allow a fund manager to select funds beneficial to own interests to maximize the portfolio, rather than first considering the largest of the interests of investors. Therefore, a large amount of literature focuses on how to set up a valid contract to maximize ease of agency conflicts between fund managers and investors.
Holmstorm (1982) was the first to propose explicit incentive mechanism problem. He used the principal-agent theory model to show that if the principal cannot observe the agent’s action in order to induce the agent by the principal of the maximum desired operations, the principal must be based on the observable results to incentive agent. Such incentives are called explicit incentive mechanism. In the asset management industry, reward contract constitutes coordination investors and fund managers conflicts of interest to explicit incentive contract.
On the investment fund system, the explicit incentive contract includes fund managers’ compensation and compensation stipulated in the contract, fund management fees and incentive fees. Incentive fees are divided into the same intensity of punishment symmetrical performance fees and only be awarded for outstanding performance, while poor performance results in impunity of asymmetric performance fees.
Modigliani and Pogue (1975) from the CAPM, pointed out to the market index as an evaluation criterion, the symmetrical incentive contract will encourage fund managers choose the high level of risk. Starks and Laura (1987) response to this problem, from the principal-agent theory, proposed incentive contract design requires a remuneration mechanism consists of risk-sharing guidelines. The risk-sharing guidelines allocated in exogenous risk of fluctuations in investment performance between the principal and the agent. Starks and Laura further concluded that by establishing fund managers incentive model based on a risk prediction. According to the net assets, there is extracted a certain percentage of the fund management fee which enables managers to make greater efforts, but the fund managers will also choose a larger than investors expected level of risk. Compared with asymmetric incentive contract and optimal symmetrical performance contract, many more incentives lead to fund managers choosing level of risk and the level of effort consistent with the wishes of the principal. The agent can be bound by the investment behaviour more in line with the interests of investors. Asymmetric contracts will induce fund managers to take the risk of investment behaviour. Eichberger et al. (1994) think that based on the relative performance of incentive plan, the investors can control the fund manager’s activity in an effective incentive manner.

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論文代寫推薦-初級研究收集數據時的倫理問題

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論文代寫推薦-初級研究收集數據時的倫理問題，由於本研究利用的是初級研究，因此涉及到倫理問題。知情同意是必要的，研究人員將通過告知參與者正在收集數據的研究、將要收集的數據以及處理數據的保密方式等方式獲得參與者的同意。此外，研究人員還必須確保參與者的所有問題都得到了正確的回答。所收集的數據將是匿名和保密的。收集到的數據不會與任何人共享，研究人員只會將數據用於收集數據的目的。它將是匿名的，因為這裏將不使用參與者名稱或任何其他可鏈接回參與者的標識特性。此外，一旦收集到研究所需的數據，在獲得論文指導老師和委員會的批准後，實際的數據副本將被刪除。接下來有關論文代寫推薦-初級研究收集數據時的倫理問題分享給留學生們閱讀。、

Both category A and category B are results of secondary research investigation. Secondary data collected will help in establishing these categories. The second result is that of the link (the impact) between these categories and this is the result collected by means of primary survey questionnaire method.

Possible limitations for the study are that, this is not purely quantitative in nature, wherein the links and the link impact could be collected in a more scientific way. The researcher does have a future idea to collect data by assigning weights to the impact links, but this work is not considered currently given the time assigned for this work. Secondly, the work could have benefitted more by directly querying entrepreneurs rather than student participants. However, at present, contacting entrepreneurs and collecting research from them would once again not be feasible given the time frame. However, the research does make use of a student population who have read much on the concepts being discussed in this research, so the researcher trusts that the limitation has been alleviated as much as possible.

Since this research makes use of primary research, there are ethical issues involved here. Informed consent is necessary, the researcher will obtain the consent of the participant by informing them about the research for which data is being collected, the data that will be collected, and the confidential way in which it will be handled and more. Furthermore, the researcher will also have to ensure that all questions of the participants are answered properly.

The data that is collected will both be anonymous and confidential. The data collected will not be shared with anybody, the researcher will use the data for the purpose for which it is collected only. It will be anonymous in that the participant name or any other identifying feature that could link back to the participant will not be used here. Furthermore, once data is collected as in a needed form for the research, the actual data copies will be deleted after required approval from thesis advisor and committees.

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代写英文论文-中国菜在英国的市场分析

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从本篇代写英文论文-中国菜在英国的市场分析中可以看到，近78%的英国人过去3个月甚至在家里也吃中国菜，其中12%的人至少一周吃一次中国菜。在中国食品中，酱油是最受欢迎的配料，前一年的销售额为400万公斤，2013年为300万公斤。现在的销量与英国最受欢迎的产品如苹果酱和薄荷的销量一致。正如理查德·福特所说，明特尔公司的高级食品分析师在阐述大豆销量飙升的同时，也将其作为一个重要趋势加以展示。如今，酱油已经可以和英国人最喜欢的苹果和薄荷相提并论，这反映出消费者对东方美食的兴趣日益浓厚。餐馆和超市的简单获得的能力,中国菜肴翻译成准备外卖和餐格式有耐力的关键能力的中国菜的英国市场,无论对英国人口过多的菜系有关键的可用性在餐厅和超市,中国是最受欢迎的美食(2015年石头,1)。接下来有关代写英文论文-中国菜在英国的市场分析如下：

Almost 78 per cent of Britons have been eating Chinese food even at home since the last three months with 12 per cent of them eating Chinese once in a week at least. In the categories of Chinese food, soy sauce is the favourite ingredient with the sales of the ingredient reaching four million kg in the previous in the year 2015 that was three million kg in the year 2013. Sales are now in alignment with volume sales of favourites of Britain such as apple sauce and mint. As stated by Richard Ford, the senior food analyst of Mintel stated about the soaring sales of soy while showcasing it as a significant trend.

Key Risks and Opportunities of Chinese Entrepreneurship in UK
Proper registration
Registration of property across UK can be identified as the most arduous task to setup a business across the nation as shown by the figures from International Finance Corporation and World Bank. Taking up almost 29 days with the involvement of six procedures, the tasks that consume most time include conducting research across property and relationships with the solicitor of buyer.
Obtaining credit
UK has been ranked number one across the globe with respect to easiness to obtain credit. The robust sector of finance and diversified attribute to acquire credit provides developed business organizations and start- ups with good accessibility of funds required more often.
Providing protection to the investors
A robust climate of finance and solid treaties refers to the appropriate protection of investors in United Kingdom, even though it can be considered as worthy to take out assurances and do due diligence when considering the expansion across the nation.
The fact that soy sauce is now on a par with British favourites such as apple and mint, reflects growing interest of consumer within oriental cuisine. The simplicity by which restaurants and supermarkets have gained the ability of translating dishes of China into ready takeaway and meal formats has the key to the ability of Chinese cuisine for endurance of UK market, irrespective of the plethora of cuisines having key availability for British population in restaurants and supermarket, Chinese is the most popular cuisine of all (Stones 2015, 1).

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