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| Tekijä: | Brooks, R. Del Negro, M. |
| Otsikko: | Firm-level evidence on international stock market comovement |
| Lehti: | Review of finance
2006 : VOL. 10:1, p. 69-98 |
| Asiasana: | finance international stock markets stock returns |
| Kieli: | eng |
| Tiivistelmä: | This paper investigates the relationship between international stock market co movement and the extent to which companies have global operations by using stock returns and balance sheet data from companies in 20 countries. The authors find that a company raising its sales, raises the exposure of its stock return to global shocks. |
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