Do foreign stocks substitute for international ...
Type de document :
Compte-rendu et recension critique d'ouvrage
DOI :
Titre :
Do foreign stocks substitute for international diversification?
Auteur(s) :
Bermejo, Vicente [Auteur]
Campa, José [Auteur]
Campos, Rodolfo [Auteur]
Zakriya, Mohammed [Auteur]
Lille économie management - UMR 9221 [LEM]
Campa, José [Auteur]
Campos, Rodolfo [Auteur]
Zakriya, Mohammed [Auteur]
Lille économie management - UMR 9221 [LEM]
Titre de la revue :
European Financial Management
Pagination :
1191-1223
Éditeur :
EFMA
Date de publication :
2020-11
ISSN :
1354-7798
Discipline(s) HAL :
Sciences de l'Homme et Société/Gestion et management
Résumé en anglais : [en]
Using a novel sample of foreign securities available for trade in 42 countries during the last four decades (1979–2018), we examine the rise in importance of foreign stocks for investors in their host countries and its ...
Lire la suite >Using a novel sample of foreign securities available for trade in 42 countries during the last four decades (1979–2018), we examine the rise in importance of foreign stocks for investors in their host countries and its implications for diversification across industries and countries. The availability of foreign stocks allows domestic investors to increase their international diversification from home by investing in these stocks. We conclude that including foreign stocks in portfolio investments offers an effective substitute for international diversification, and contributes significantly towards increasing the integration of global markets.Lire moins >
Lire la suite >Using a novel sample of foreign securities available for trade in 42 countries during the last four decades (1979–2018), we examine the rise in importance of foreign stocks for investors in their host countries and its implications for diversification across industries and countries. The availability of foreign stocks allows domestic investors to increase their international diversification from home by investing in these stocks. We conclude that including foreign stocks in portfolio investments offers an effective substitute for international diversification, and contributes significantly towards increasing the integration of global markets.Lire moins >
Langue :
Anglais
Vulgarisation :
Non
Collections :
Source :