Volatility - return paradigm of foreign private portfolio investment in Nigeria

نویسندگان

چکیده

منابع مشابه

Private Foreign Investment in India

Private foreign capital, whose presence in Indian industry was long regarded with concern and suspicion, is now touted as a panacea for India’s economic problems. This paper compares the relative performance of domestic and foreign-controlled firms in India, and evaluates the contribution of foreign investment over the last five decades. We assess the impact of government policy towards foreign...

متن کامل

Gravity and culture in foreign portfolio investment

a College of Business Administration, University of Akron, Akron, Ohio 44325, USA b Business School and Institute for International Integration Studies, Trinity College Dublin, Dublin 2, Ireland c Business School and Institute for International Integration Studies, Trinity College Dublin, Dublin 2, Ireland, and Glasgow School for Business, Glasgow Caledonian University Cowcaddens Road Glasgow G...

متن کامل

Foreign Portfolio Investment and Corporate Innovation

We investigate whether foreign institutional ownership impacts corporate innovation. Using firm-level data from 30 countries in 2001-2010, we find that higher foreign institutional ownership is associated with more investment in R&D and patents. Using the exogenous increase in foreign institutional holdings that follows a firm’s addition to the Morgan Stanley Capital International World Index, ...

متن کامل

Optimal Rebalancing of Portfolio Weights under Time-varying Return Volatility

This paper considers horizon effects on portfolio weights under time varying and forecastable return volatility. The return volatility is modelled as a GARCH-M, which is general enough to encompass both constant and time varying mean. The analysis confirms earlier results, namely that there are no horizon effects when the stochastic process, that governs asset returns, has constant mean. Howeve...

متن کامل

An information-based trade off between foreign direct investment and foreign portfolio investment

The paper develops a model of foreign direct investments (FDI) and foreign portfolio investments (FPI). FDI enables the owner to obtain refined information about the firm. This superiority, relative to FPI, comes with a cost: a firm owned by the FDI investor has a low resale price because of asymmetric information between the owner and potential buyers. The model can explain several stylized fa...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Asian Journal of Empirical Research

سال: 2018

ISSN: 2306-983X,2224-4425

DOI: 10.18488/journal.1007/2018.8.5/1007.5.162.173