Internalization: an event study test
Article Abstract:
A study was conducted on the characteristics of business enterprises that conduct foreign investments. Results show that businesses equipped with intangible assets such as technological knowledge, marketing expertise and good management are in a better position to venture in foreign investments. According to the internalization theory, these intangible assets can be considered as public goods and necessary for the success of businesses planning to expand internationally.
Publication Name: Journal of International Economics
Subject: Economics
ISSN: 0022-1996
Year: 1992
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The information content of stock markets: why do emerging markets have synchronous stock price movements?
Article Abstract:
Reasons why stock prices are more likely to move together in emerging economies are examined in detail.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2000
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Aggregate price effects of institutional trading: a study of mutual fund flow and market returns
Article Abstract:
Links between aggregate flows into equity funds in the US and market returns are examined in detail.
Publication Name: Journal of Financial Economics
Subject: Economics
ISSN: 0304-405X
Year: 2001
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