Doctoral thesis of Philosophy: The diversification benefits and the risk and return relationships in the Chinese A-share market
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With a view of providing investors with a better understanding of the risk and return relationship in the A-share market over the past decade, this thesis adapts several empirical models to the circumstances in China and conducts four empirical analyses. The analysis is undertaken employing the returns on the Chinese A-share market, the Chinese B-share market and the Hong Kong H-share market together with a series of developed stock markets. It emphasizes the diversification potential in the A-share market and investigates the role of a domestic beta, some global betas and several firm-specific characteristics in explaining stock variations in A-shares.
Nội dung trích xuất từ tài liệu:
Doctoral thesis of Philosophy: The diversification benefits and the risk and return relationships in the Chinese A-share market
Nội dung trích xuất từ tài liệu:
Doctoral thesis of Philosophy: The diversification benefits and the risk and return relationships in the Chinese A-share market
Tìm kiếm theo từ khóa liên quan:
Masters thesis Thesis of master degree Doctoral thesis of Philosophy Chinese A-share market B-share market H-share market Cross-sectional regressionTài liệu liên quan:
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