新兴股票市场的国际多元化收益和国内投资组合：菲律宾和印尼视角

IF 1.1 Q4 BUSINESS

Gadjah Mada international journal of business Pub Date : 2018-08-08 DOI:10.22146/GAMAIJB.37900

E. Tandelilin

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引用次数: 2

摘要

这项研究分为两个主要问题:第一，从菲律宾和印度尼西亚的角度确定新兴股票市场的国际多样化带来的收益，并确定哪一个角度产生更大的收益;其次，从菲律宾和印度尼西亚的角度确定必须包括多少证券才能获得最佳投资组合。实证结果表明，从菲律宾和印度尼西亚的角度来看，国际多元化在2至8个新兴股票市场中都有收益。总的来说，在所有国家组合中，从印度尼西亚的角度来看，收益大于菲律宾的角度。此外，本研究发现，形成最优国内投资组合所需的股票数量，印尼投资者的观点(15只股票)比菲律宾投资者(14只)更大。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

GAINS FROM INTERNATIONAL DIVERSIFICATION AND DOMESTIC PORTFOLIO IN EMERGING STOCKS MARKETS: PHILIPPINE AND INDONESIAN PERSPECTIVES

The study was organized into two major concerns: first, identifying the gains from international diversification in emerging stock markets from the Philippine and the Indonesian perspectives and determining which perspective yields the greater gains; and second, determining how many securities must be included to obtain an optimal investment portfolio from the Philippine and Indonesia perspectives.The empirical results indicate that there are gains from international diversification, both from the Philippine and Indonesian perspectives, in two to eight emerging stock markets. Generally the gains are greater from the Indonesian perspective than the Philippine perspective in all countrycombinations.Further, this study found that the number of stocks needed to form an optimum domestic investment portfolio was bigger for the Indonesian investor‘s perspective (at 15 stocks) than for the Filipino investor (14).

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来源期刊

Gadjah Mada international journal of business BUSINESS-

CiteScore

2.00

自引率

14.30%

发文量

审稿时长

40 weeks

期刊介绍： An objective of the Gadjah Mada International Journal of Business (GamaIJB) is to promote the wide dissemination of the results of systematic scholarly inquiries into the broad field of business research. The GamaIJB is intended to be the journal for publishing articles reporting the results of research on business. The GamaIJB invites manuscripts in the areas: Marketing Management, Finance Management, Strategic Management, Operation Management, Human Resource Management, E-business, Knowledge Management, Management Accounting, Management Control System, Management Information System, International Business, Business Economics, Business Ethics and Sustainable, and Entrepreneurship.