Transparency and International Investor Behavior Gaston Gelos

ISBN: 9781282107731

Published: October 1st 2002

ebook

80 pages


Description

Transparency and International Investor Behavior  by  Gaston Gelos

Transparency and International Investor Behavior by Gaston Gelos
October 1st 2002 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 80 pages | ISBN: 9781282107731 | 6.25 Mb

Does country transparency affect international portfolio investment? We examine this and related questions using a unique micro dataset on international portfolio holdings. We employ various indices of government and corporate transparency, focusing on the availability and quality of information. We find that emerging market equity funds hold fewer assets in less transparent countries. Herding among funds is somewhat less prevalent in more transparent countries. During the Asian and Russian crises, emerging market funds withdrew more strongly from less transparent countries after controlling for other risk factors.

However, funds tend to react less strongly to news from more opaque markets.



Enter answer





Related Archive Books



Related Books


Comments

Comments for "Transparency and International Investor Behavior":


myhappyshop.eu

©2011-2015 | DMCA | Contact us