The Increasing Importance of Industry Factors
By S. Cavaglia, C. Brightman, Michael J. Aked. 2000
452 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/94ad95a5d4c18f786522f0c411262e1c2480301b
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- Dinesh Gajurel
- Mardi Dungey
- Miguel A. Ferreira
- P. Gama
- Francesco Bianchi
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- Olivier Coibion
- L. Gambacorta
Citations in the corpus
- Time-varying Integration and International diversification strategies (2009, unknown): “…over industry diversification potential (see e.g. Heston and Rouwenhorst 1994; Griffin and Karolyi, 1998), as was recently suggested by Baca, Garbe, and Weiss (2000), Cavaglia, Brightman, and Aked (2000), Ferreira and Gama (2005), Campa and Fernandes (2006), and Eilling, Gerard, and de Roon (2007).”
- Does sovereign debt ratings news spill over to international stock markets (2007, background): “The evidence with regard to industry portfolios is of particular interest, given increasing investor perception that industry factors are becoming more important than country factors in explaining stock returns (see, for example, Cavaglia et al., 2000). A sovereign credit rating represents a rating ”
- International Diversification with Large- and Small-Cap Stocks (2008, unknown): “This difference in 1A few recent studies, for example, Cavaglia, Brightman, and Aked (2000) and Baca, Garbe, and Weiss (2000), suggest that the rising international correlations may be associated with the declining importance of country factors relative to industry factors.”
- Contagion and Banking Crisis - International Evidence for 2007-2009 (2015, background): “, 2009) and industry factors dominate country factors while explaining the equity returns (Cavaglia et al., 2000).”
- The Rise in Comovement Across National Stock Markets: Market Integration or it Bubble? (2004, unknown): “While most mature markets included in the analysis had lifted barriers to international capital movements by the beginning of our sample, see Edison et al. (2002) for example, several emerging markets liberalized capital movements after 1985.”