Abnormal returns in emerging equity markets

... Understanding the risk and reward from investing in emerging equity markets is neces­ sary for rational flows of equity financing to developing countries Early research claimed that investing in emerging ... the switching process is largely explained by liberalization periods in many of the emerging markets C hapter 4: I model the volatility of returns in emerging m...

Ngày tải lên: 30/09/2015, 14:02

... Frazzini and Pederson [2010]; Diller et al [2002]; Baker et al [2011] APPENDIX 2) Country and Sector Effects in Global Equity Investing In an increasingly global and connected world, is country ... Cap-Weighted Index and Min-Vol Figure 2: Sharpe Ratio Comparison Cap-Weighted Index and Min-Vol 1.0 Country- Sector Min Vol 0.8 Stock Min Vol 0.6 13% Sector Min Vol...

Ngày tải lên: 27/05/2014, 09:27

... gia phân tích tài kinh nghiệm Taurus investment Management đặt trụ sở NY Hall chuyên phân tích thị trường nổi, nhà phân tích thị trường Ấn độ Anh ta phân tích công ty Bharat Industries Ltd (BIL) ... với thị trường phát triển > Giá cổ phầ n thường không phản ánh đầy đủ giá trị thực giá cổ phần EM thường biến động mạnh nhiều so với thị trường phát triển > giá cổ phần ng...

Ngày tải lên: 22/12/2013, 16:06

... Country Briefing China, 25-34 10  |  Sustainability in emerging markets South Africa South Africa continues to be singled out in comparative studies on CSR /sustainability in emerging markets as ... financially This report is a valuable step in the ascending path towards changing existing mindsets ’ Professor Mervyn King Chairman of the Global Reporting Initiative Sust...

Ngày tải lên: 09/02/2014, 21:09

... very low interest on many accounts 3.1 Banks as users of bond markets Banks as purchasers of bonds In some economies, banks are major holders of corporate bonds For example, in Indonesia banks hold ... virtue of making banks more subject to market discipline Banks specialising in longer-term lending will tend to issue long-term bonds to lock in funding 3.3 Banks as...

Ngày tải lên: 15/02/2014, 13:20

Ngày tải lên: 18/02/2014, 11:20

... Housing Finance Policy in Emerging Markets Housing Finance Policy in Emerging Markets Edited by Loùc Chiquier and Michael Lea non-bank financial institutions group global capital markets ... and emerging markets to help policy makers in all markets establish sound housing finance policies The book covers all the important aspects of housing finance...

Ngày tải lên: 07/03/2014, 15:20

... comparatively faster growing buying power and faster growing markets, emerging economies represents advantageous markets to invest and operate in Emerging markets will generally be influenced by changes in ... to determine whether firms within the FMCG industry follow the theories on market entry in emerging markets That is, can the market entries of FMCG firms in em...

Ngày tải lên: 23/03/2014, 08:21

... have prepared this new and updated reference, Stakeholder Engagement: A Good Practice Handbook for Companies Doing Business in Emerging Markets In doing so, we have drawn on IFC’s own learning ... participate in an informed manner ✔ Apply good practice principles ■ Disclose early – with the aim of providing relevant information to targeted stakeholders in...

Ngày tải lên: 30/03/2014, 01:20

... CSR; India has several examples of shared value creation - Some businesses are beginning to integrate sustainability into longterm value creation - Shared value is discussed explicitly in major Indian ... described within this paper Further detail regarding each point of leverage appears in the following sections by sector Shared Value in Emerging Markets | 16 Identify...

Ngày tải lên: 08/04/2014, 17:00

... approaches and interventions, including adding training on “soft” skills of youth and increasing leadership capacity of NGO partners Shared Value in Emerging Markets | 46 Unlocking Greater Shared Value ... or rural infrastructure development)? Shared Value in Emerging Markets | 40 Designing Effective Shared Value Strategies Designing Effective Shared Value Stra...

Ngày tải lên: 08/04/2014, 18:24

... McCarthy (2000): Pass- Through of Exchange Rates and Import Prices to Domestic Inflation in Some Industrialized Economies”  Kiểm định chuyển giá nhân tố bên vào lạm phát nước số kinh tế công nghiệp ... trường tiền tệ Mihaljek cộng (2000): “A Note On The Pass- Through From Exchange Rate And Foreign Price Changes To Inflation In Selected Emerging Market Economies” Nguyên cứu d...

Ngày tải lên: 13/05/2014, 16:09

... of banks into foreign markets through financial sector foreign direct investment, which accelerated through the 1990s.1 For other windows into trends in international banking, we use the Financial ... market infrastructure The same is true in the international dimension For instance, banks invest retail deposits in foreign securities, lengthening the intermediation chain b...

Ngày tải lên: 11/06/2014, 14:29

... application in emerging markets, sovereign debt and its implications, exchange rate regimes and their merits, risk management in emerging markets, derivative markets and hedging decisions in emerging markets, ... markets of emerging markets These cover a wide range of subjects, including stock markets and their efficiency in emerging markets, forecasting model...

Ngày tải lên: 28/06/2014, 17:20

... recognize economic profits as against the use of book profit in the valuation of asset The model builds on the premises of profit maximization by owners of the firm and the profit is not to be restricted ... is used in the calculation of EVA and its serves as the rate for discounting the present value of future earnings to the present time t The value of...

Ngày tải lên: 13/07/2014, 21:12