Background risk and university endowment funds

This paper tests the effect of background risk on university endowment portfolios, where background risk is defined as the volatility of universities' nonfinancial income. The results show that higher background risk is associated with lower portfolio standard deviations. Universities with high...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Dimmock, Stephen G.
Άλλοι συγγραφείς: Nanyang Business School
Μορφή: Journal Article
Γλώσσα:English
Έκδοση: 2013
Διαθέσιμο Online:https://hdl.handle.net/10356/98110
http://hdl.handle.net/10220/12203