| dc.creator (作者) | Chow, Edward H. ;Pin-Huang Chou;Gang Shyy | en_US |
| dc.creator (作者) | 周行一 | - |
| dc.date (日期) | 2002 | en_US |
| dc.date.accessioned | 5-Nov-2008 17:08:53 (UTC+8) | - |
| dc.date.available | 5-Nov-2008 17:08:53 (UTC+8) | - |
| dc.date.issued (上傳時間) | 5-Nov-2008 17:08:53 (UTC+8) | - |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/6154 | - |
| dc.description.abstract (摘要) | This paper investigates the integration relationship between the Asian emerging capital markets (AEMs) and the rest of the world in the context of an international Sharpe-Lintner CAPM during the period 1985-1996. Overall, the results show that the world capital markets, with the inclusion of the AEMs, are not integrated. The rejection can be attributed to exchange risk exposures of the AEMs during the 80`s. In addition, the results show that the AEMs become integrated with the world after 1991, the results of which are further confirmed by the fact that no exchange risk exposure is found for the AEMs after the 1991. However, the correlations between the AEMs and the world markets are still low. | - |
| dc.format | application/pdf | en_US |
| dc.format.extent | 138204 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language | en | en_US |
| dc.language | en-US | en_US |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Taiwan Academy of Management Journal, 1(2), 165-182 | en_US |
| dc.subject (關鍵詞) | CAPM; exchange risk exposure; GMM; SUR; Bootstrap | - |
| dc.title (題名) | Capital Market Integration and Exchange Rate Risk Exposure of the Asian Emerging Markets | en_US |
| dc.type (資料類型) | article | en |
