Lee, Meng-Horng; Hooy, Chee Wooi; Brooks, Robert - In: Journal of risk and financial management : JRFM 16 (2023) 1, pp. 1-8
investing. We focus our result on the idiosyncratic risk estimations and their behaviour on 36 emerging markets covering 39 … industries. We show that the new measure exhibits a declining trend across time, consistent with the fact that emerging markets …