The study aimed to provide a new evidence of the importance and role of corporate
bonds to raise their effectiveness and ensuring its success and survival in the world of
business, through their ability to increase profits and maximize shareholder
wealth.
The study is a serious attempt to identify the viewpoint of the management of
shareholding corporations listed on the DSE about the impediments to launch their bond
even though of the advantages offered.
The study was applied on a clustered sample of corporations listed on the stock
exchange, according to the company sector, and the questionnaire to managers and heads
of departments, to test the study hypotheses and analyze them by using SPSS package
(Version 20), The study adopted the descriptive analytical approach. The following
conclusions were reached:
There is a relationship between shareholding corporations' awareness and
understanding of the advantages of bonds, and taking the decision by issuing them and the
fear of launching bonds being convinced of constraints. And the limitations of full
understanding of the advantages of bonds of the decision makers prevents launching of
bonds.
The study recommended the need to activate the bond market and encourage
shareholding corporations to issue bonds in particular as tax-exempt financial instrument
with the encouragement of the zero bond being suited to a wide range of investors and
savers we are witnessing currently and providing the necessary facilities and facilitate
necessary to launch bonds especially under current economics in Syria.
The aim of the research is to evaluate the performance of the international investment portfolio using the return and risk model to rationalize the investment decision by making a comparison between the available investment tools and choosing the bes
t investment alternative, depending on the appropriate methods and tools to measure performance. To achieve the objectives of the study, the researcher obtained data for 40 us government treasury bonds whose maturities ranged between one and three years, and they were divided according to priority of maturity, into four equal groups, each group of 10 bonds, then computed the difference factor for each group and measured the correlation coefficients between them, and study forming an investment portfolio consisting of two groups of these groups (diversification) that are the least connected, and arriving at the conclusion that the investment portfolio consisting of the bonds of the first and fourth groups together in equal proportions (distributing the amount allocated to the purchase of bonds between the two groups equally) is the best performance (the lowest coefficient of variation), and can improving the performance of this portfolio by increasing the relative weight of the bonds of the fourth group (the lowest coefficient of variation) by 86% of the total value of these two groups that make up the portfolio.
