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The efficient-market hypothesis (EMH) is one of the most important economic and financial hypotheses that have been tested over the past century. Due to many abnormal phenomena and conflicting evidence, otherwise known as anomalies against EMH, some academics have questioned whether EMH is...
Persistent link: https://www.econbiz.de/10012237439
Export diversification, or the breadth of exports of an economy, is increasingly seen as a means of accelerating … structures may not be adequately reflected in diversification measurements based on gross exports. This paper develops a new … indicator of export diversification based on value added in sectors contributing to exports. For most Asia and the Pacific …
Persistent link: https://www.econbiz.de/10012887793
diversification opportunities at the latter scales. The finding also signifies that global REITs linkages increases with investment …
Persistent link: https://www.econbiz.de/10014232756
, diversification and internationalisation. Originality value: The study applies theories associated with disruptive innovation and …, diversification, efficiency drives, and internationalisation. …
Persistent link: https://www.econbiz.de/10014234816
diversification benefits to cope with uncertainties. So, current research unveils the diversification characteristics of real estate … differently than all of these assets and holds good diversification potential for Pakistani investors because it exhibits no … diversification potential of real estate in comparison to a set of financial variables that are rarely investigated in previous …
Persistent link: https://www.econbiz.de/10014430004
This study is aimed to examine the impact of income diversification on bank risk in Vietnam before and during the COVID … general least squares model (FGLS), our main result shows that the higher the level of income diversification, the lower the … risk of default. However, the diversification strategy should be conducted based on each source of non-interest income, in …
Persistent link: https://www.econbiz.de/10014436260
In this article, we investigate the validity of diversification effect under extreme-value copulas, when the marginal … to our results, one can take advantages from the diversification effect for marginal risks with finite mean. This …
Persistent link: https://www.econbiz.de/10014370410
, especially during periods of global disruption. These findings emphasize the critical need for economic diversification in the … diversification. Both external and domestic investments emerge as critical drivers of long-term growth, while persistent challenges … valuable insights to the policy discussion on economic diversification in the GCC. Policymakers are urged to prioritize FDI …
Persistent link: https://www.econbiz.de/10015198339
. Although their core business is transportation, the major private railway companies have adopted a strategy of diversification … of business diversification and the production efficiency of Japan's major private railway companies from the perspective …
Persistent link: https://www.econbiz.de/10015210229
. Diversification, in practice, serves as an effective investment tool that provides the investor a protection against risk, but it is …
Persistent link: https://www.econbiz.de/10013326410