Chollete, Loran; De la Peña, Víctor H.; Lu, Ching-Chih - Universitetet <Stavanger> / School of Business … - 2009
The viability of international diversification involves balancing benefits and costs.This balance hinges on the degree of asset dependence. In light of theoretical researchlinking diversification and dependence, we examine international diversification usingtwo measures of dependence:...