to determine whether superior risk-adjusted returns can be achieved. Design/methodology/approach First, the authors … risk parity rather than free-float market capitalisation. Second, the authors apply an automated trading strategy of trend … following to see if this filter will improve risk-adjusted returns. Findings The two-step process of forming combinations of …

‐cultural differences in organizations from across the world. Findings – The paper finds significant differences in certain characteristics … the world. Originality/value – This research is recent and is extensive in its examination of the effects of national …