Risks of Investing in the Russian Stock Market

Released on by Alexei Goriaev
preview-18

  • Risks of Investing in the Russian Stock Market Book Detail

  • Author : Alexei Goriaev
  • Release Date : 2006
  • Publisher :
  • Genre :
  • Pages : 26
  • ISBN 13 :
  • File Size : 98,98 MB
DOWNLOAD BOOK

Risks of Investing in the Russian Stock Market by Alexei Goriaev PDF Summary

Book Description: The modern history of the Russian stock market has mirrored ups and downs of the country's transition as well as swings in investor perceptions. In this paper, we describe the evolution of the Russian stock market over its first decade, with particular attention to the risk factors driving stock returns. First, we analyze the development of the institutional infrastructure and dynamics of the market's size and liquidity measured by the number of listed and traded stocks, depositary receipts and IPOs as well as trading volume in the local stock exchanges and abroad. Then, we examine major political and economic events, which influenced the investor perceptions of the country risk and were reflected in stock prices. Finally, we carry out quantitative analysis of risk factors explaining considerable time and cross-sectional variation in Russian stock returns. We document a significant role of corporate governance, political risk, and macroeconomic risk factors, such as global equity markets performance, oil prices, and exchange rates, whose relative importance varied a lot over time.

Disclaimer: www.yourbookbest.com does not own Risks of Investing in the Russian Stock Market books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Out of the Red

Out of the Red

File Size : 71,71 MB
Total View : 8947 Views
DOWNLOAD

Over the last fifteen years, Russia has become a larger part of the global economy—and in the years ahead, it will continue to grow in prominence. If you want