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Research On The Investment Income Of University Endowment Fund

Posted on:2019-03-24Degree:MasterType:Thesis
Country:ChinaCandidate:J DongFull Text:PDF
GTID:2347330566967964Subject:Finance
Abstract/Summary:PDF Full Text Request
The establishment of a university endowment fund can provide Endowments for universities and provide financial support for the development of universities.The investment of university endowment fund is an important part of the normal operation of the University Endowment Fund.What is the current income of the University Endowment Fund?What influences the return on investment of university endowment funds in China?These are all important issues for the healthy development of the University Endowment Fund in China.This paper mainly studies the investment income of the University Endowment Fund in China.By studying the literature at home and abroad,this paper analyzes the value of the investment of our university endowment fund,demonstrates the feasibility of the investment of the University Endowment Fund of our country,and understands the current investment status of the University Endowment Fund in China.This paper analyzes the problems existing in the investment process of the University Endowment Fund,and studies the matching between the risk and the gains of the present investment process of the University Endowment Fund in China,and summarizes the factors affecting the investment income of the University Endowment Fund in the literature at home and abroad.This paper studies the current investment income of university endowment fund from two angles of risk and revenue.After calculating the actual and theoretical investment benefits,actual and theoretical investment risks of the University Endowment Fund in China,the actual investment income,the theoretical investment income,the actual investment risk and the theoretical investment risk are compared,and the actual investment office of the University Endowment Fund of our country is found to have high risk and low profit,the risk and the income are strict.A state of mismatch.According to the results of the above analysis and the related literature,the influence factors of the fund size,the ranking of the school finance specialty,the foundation time,the foundation evaluation grade,the foundation transparency,the full time staff number of the foundation,and whether the 985.211 colleges and universities are the influencing factors of the investment income of the donation fund are also selected.It is an empirical analysis of over multiple factor regression.The regression analysis shows that the scale of the fund,the grade of the foundation,the transparency of the foundation,the number of full time staff of the foundation are positively related to the investment returns of the University Endowment Fund of our country,but the ranking of the school financial profession is negatively related to the investment income of the University Endowment Fund of our country,and the foundation time and the 985.211 hospital are whether the foundation is established.The correlation between school investment income and university endowment fund is not statistically significant.Through the study,this paper puts forward some suggestions on the managers of the endowment fund of our university.In the process of investing in the endowment fund,we should establish the risk early warning mechanism,rationally allocate the investment resources,determine the correct awareness of financing,strengthen the construction of the school brand,improve the transparency of the information used by the fund,and provide the foundation for the foundation.Professional investment personnel,strengthen management,in order to improve the investment income of the foundation.
Keywords/Search Tags:University endowment fund, Investment income, Income and risk, Influencing factors
PDF Full Text Request
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