Hsu, Chun-Pin; Huang, Chun-Wen; Ntoko, Alfred - In: The International Journal of Business and Finance Research 7 (2013) 4, pp. 1-12
Foreign portfolio investment is a major means by which emerging stock markets accumulate capital. However, the high mobility of foreign funds is a concern for local investors and policymakers in emerging countries because it may induce high stock price volatility. In this study, we utilized a...