Alkulaib, Yaser A.; Najand, Mohammad; Mashayekh, Ahmad - In: Journal of Multinational Financial Management 19 (2009) 1, pp. 43-53
The relaxation of security laws and regulations in emerging markets in the Middle East and North Africa (MENA) provides abundant opportunities for foreign investors. These markets exhibit high-expected returns and substantial volatility. In this paper, we investigate the lead/lag relationship...
