CONTEMPORARY INVESTMENT CONCEPTS: AN ALTERNATIVE VIEW POINT

CONTEMPORARY INVESTMENT CONCEPTS: AN ALTERNATIVE VIEW POINT

Abstract

Investing constitutes an essential factor in economic growth and development. Investments also function as the main manner of expanding capital. There are many definitions of the term ‘investment’. One of most well-known definitions, considered as a classic one, is the concept proposed by Hirshleifer (1958). He claimed, that investing involves sacrificing the current goods in exchange for uncertain benefits in the future. In an economic sense, an investment is a purchase of goods that are not consumed today, but are used in the future to create wealth. This definition indicates few important characteristics of investments. Firstly, an investment denotes an investor’s abandonment of current consumption, for which he/she expects a certain reward (a benefit). Secondly, an investment is realized during a certain period of time, which means that the investor can receive the reward in the future. Thirdly, future benefits constituting the reward are uncertain.

TABLE OF CONTENT

Title page- – – – – – – – – i
Approval page – – – – – – – -ii
Dedication – – – – – – – – -iii
Acknowledgement – – – – – – – -iv
Abstract – – – – – – – – – -v
Table of content – – – – – – – -vi

CHAPTER ONE
INTRODUCTION – – – – – – – -1
1.0 Background of the study – – – – -1
1.1 Statement of the problem – – – – -5
1.2 Purpose of the study – – – – – -6
1.3 Significance of the study – – – – -8
1.4 Research questions – – – – – -9
1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39
Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60
Conclusion – – – – – – – – -61
Recommendations – – – – – – – -62
Suggestions for further research – – – – -64
References – – – – – – – – -65
Appendix I – – – – — – – – -68
Questionnaire. – – – – – – – -69

CONTEMPORARY INVESTMENT CONCEPTS: AN ALTERNATIVE VIEW POINT

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