A Literature Review of University Endowment Funds in the US and Malaysia

Authors

  • Vicky Vendy Department of Accounting, Universitas Pembangunan Nasional “Veteran” Jawa Timur, Surabaya 60924, Indonesia
  • Diarany Sucahyati Department of Accounting, Universitas Pembangunan Nasional “Veteran” Jawa Timur, Surabaya 60924, Indonesia
  • Condro Widodo Department of Accounting, Universitas Pembangunan Nasional “Veteran” Jawa Timur, Surabaya 60924, Indonesia
  • In Naka Malik Hardiansyah Department of Accounting, Universitas Pembangunan Nasional “Veteran” Jawa Timur, Surabaya 60924, Indonesia
  • Moh. Dhirhan Fajar Shodiq Department of Accounting, Universitas Pembangunan Nasional “Veteran” Jawa Timur, Surabaya 60924, Indonesia

DOI:

https://doi.org/10.11594/nstp.2024.4159

Keywords:

University endowment funds, US, Malaysia

Abstract

This study aims to review the prior studies regarding the University Endowment Funds in the US and Malaysia. This study uses 6 selected articles published during 2016-2022. This study found universities that manage endowment funds in the US have larger assets, and more aggressive investment strategies. Top-performing universities in terms of endowment funds are Harvard, Yale, Stanford, and Princeton University. However, universities in Malaysia tend to manage smaller assets and invest in less risky assets. Top-performing universities in terms of endowment funds are Universiti Malaya, Universiti Kebangsaan Malaysia, and Universiti Teknologi Malaysia.

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Published

21-05-2024

How to Cite

A Literature Review of University Endowment Funds in the US and Malaysia. (2024). Nusantara Science and Technology Proceedings, 2024(41), 362-366. https://doi.org/10.11594/nstp.2024.4159

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