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Author:Hargis, K.
Mei, J.
Title:Is country diversification better than industry diversification?
Journal:European Financial Management
2006 : JUN, VOL. 12:3, p. 319-340
Index terms:diversification
financial markets
investments
return on investment
risk premium
Language:eng
Abstract:This article provides a framework to study industry and country diversification by examining their underlying return components. The results of the study cast doubt on the prevailing argument that country diversification should be replaced by industry diversification.
SCIMA record nr: 261159
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