2007 and 2021, this study aims to examine if there are any advantages to diversification in ASEAN markets for Vietnamese … period and a 12-month rolling correlation window. To assess the benefits of diversification, several portfolios are built … have risen between before and after crises. Diversification advantages are available to Vietnamese investors, although …

-of-month data from 49 Morgan Stanley Capital International indices from December 1970 to December 2018. The returns were computed as …

We explore the link between international stock market comovement and the degree to which firms operate globally. Using … raising its international sales by 10 percent raises the exposure of its stock return to global shocks by 2 percent and …