Managerial Finance: Volume 30 Issue 3

Oil and currency factors in Middle East equity returns

Kofi A. Amoateng, Javad Kargar

The desire to increase investor interest in emerging markets has motivated many studies of return and risk characteristics of equity prices in these markets. Using data from…

Region and industry effects on the equity returns of emerging markets

Tulin Sener, Hadi Salavitabar

The accelerating globalization of business and integration of financial markets are affecting the equity investment environment of emerging markets (EMS). For the study period, we…

Subset of emerging equity markets performance in international equity markets at time of currency crises

Abraham Mulugetta, Yuko Mulugetta, Fahri Unsal

This study examines the behaviors of eight Asian emerging market Single Country‐Closed End Funds’ (SCCEFs) market prices, net asset values (NAV) and price to net asset value…

“Emerging” vs. “Developed” markets closed‐end funds: a comparative performance analysis

Hormoz Movassaghi, Alka Bramhandkar, Milen Shikov

This study examines the fund‐level correlates of return and share price discount or premium for the closed end funds (CEFs) investing in emerging and developed capital markets. It…

China stock price reactions to financial announcements: evidence from segmented markets

Xiaowu Huang

This paper examines empirically Chinese stock price reactions to financial announcements for 2002. We find that B share prices react more strongly to negative financial…

Using the time weighted method to estimate betas of emerging markets

Joseph Cheng, Vigdis W. Boasson

As the economic and financial characteristics of countries change, so would be their betas and correlations of their investment returns with that of the U.S. Such changes are…