Essays on stock market openness, cost of capital and investment

This thesis examines the effects of stock market openness on the cost of equity capital and investment. Whilst theoretical models and extant empirical evidence suggest that emerging markets integration with global markets promotes risk sharing between domestic and foreign investors, reducing the cos...

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Bibliographic Details
Main Author: Loncan, Tiago Rodrigues
Published: University of Strathclyde 2017
Subjects:
657
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.742046