In the wake of the worst financial crisis since the Great Depression, lawmakers and regulators around the world have changed the playbook for how banks and other financial institutions must manage their risks and report their activities. The US Congress passed the Dodd-Frank Wall Street Reform...

The authors determine the time horizon on the risk of stock investments.

In this paper, we study the benefits derived from international diversification of stock portfoliosfrom Hungarian as well as German point of view. The Hungarian Stock Exchange is anemerging market in contrast to the German capital market which is one of the largest marketsin the world. In an ex...