کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
9550468 | 1372233 | 2005 | 27 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Mutual fund preferences for Latin American equities surrounding financial crises
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
مدیریت، کسب و کار و حسابداری
کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
چکیده انگلیسی
Using data on dedicated Latin American mutual funds and nearly 1000 Latin American stocks during the Asian and Russian currency crises, I find that the effects of certain firm characteristics on mutual fund stock ownership are different than in non-crisis years. In response to crises, fund managers increase their holdings of cross-listed firms. This finding is evident among closed-end funds, suggesting features beyond liquidity influence stock ownership. Funds also reduce their holdings of firms competing with Russia's main exports. These results suggest that in addition to liquidity, trade links and governance concerns are important determinants of portfolio choice during crises.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Emerging Markets Review - Volume 6, Issue 3, September 2005, Pages 211-237
Journal: Emerging Markets Review - Volume 6, Issue 3, September 2005, Pages 211-237
نویسندگان
Susan Elkinawy,