Using negative to low-correlated assets to manage short-term portfolio risk is not uncommon among investors, although the long-term benefits of this strategy remain unclear. This study examines the long-term benefits of the correlation strategy for portfolios based on the stock market in Asia,...

Purpose: This study aims to investigate the impact of sentiment shocks based on US investor sentiments, bearish and bullish market conditions. Earlier studies, though very few, only consider the effect of investor sentiments on stock returns of emerging frontier Asian (EFA) markets....

Purpose: The purpose of this study is to investigate how the uncertainty associated with fiscal policy, i.e. government expenditure and tax revenues, can affect the interest rates in a group of eleven countries, comprising high- and low-debt countries: Cyprus, Greece, Ireland, Italy, Portugal,...

Jelen tanulmány a feltörekvő és határzóna-részvénypiacok időbeli változékonyságát vizsgálja a diverzifikációs lehetőségek feltárása céljából. Ehhez az amerikai, európai, ázsiai, közel-keleti, valamint az afrikai régió 29 feltörekvő és határzónapiacából hoztunk...

This study examines the time-varying feature of Emerging and Frontier stock markets to identify diversification opportunities. For this purpose, we sample 29 emerging and frontier countries ranging from 2000-2018 from America, Europe, Asia, Middle East, and Africa with each region consisting of...

The term depreciation refers to an estimate made in accordance to depreciation policies of the firms that also provides companies with tax shelter benefits (most commonly income taxes) and positive changes in investment opportunities. However, with the passage of time, provisions on depreciation...

This paper describes different methods and guiding principles applied to the management of public spending, gives an overview of relevant literature and the theoretical framework. Main conclusions include the important pillars of efficient public spending management: fiscal and financial...

Az értékcsökkenés olyan becslés, amely a gazdálkodó szervezetek értékcsökkenési politikáján alapul, továbbá egyszerre teremt a vállalatoknak adómegtakarítási előnyöket (legtöbbször a nyereségadók vonatkozásában) és kedvezőbb befektetési lehetőségeket. Idővel...