The preceding discussion suggests that international diversification
is associated with unique dimensions of forecasting difficulty that are incremental to the proxies used in prior studies.
This study investigates the impact of various top management team characteristics on firm international diversification
Their perception is that all international stocks possess the same risk/reward characteristics, a misconception that prevents them from exploring international diversification
The gains that result from the international diversification
of financial market risk are well known.
In this environment, many investors are asking why they can't get effective international diversification
by buying the stocks of American companies that do a lot of business overseas.
The results show that investors can get a lot of the benefits of international diversification
by simply buying U.
ADRs simplify international diversification
of portfolios, which can enhance yields and improve risk-adjusted returns.
To impose a ceiling on insurer ratings based on the sovereign debt rating is inappropriate as it ignores meaningful risk management activity at the company level and international diversification
ABK, with still limited international diversification
, might be impacted more than others, although the new Egyptian operation offers more scope for growth, albeit in a higher risk market.
In its assessment, S&P emphasises the regulatory stability provided by the new gas sector reform, the prudent management of the company's international diversification
and its regulated business, which offers high predictability and stability for EnagEis' revenues.
Most SWFs adopt a very conservative investment approach that focuses on international diversification
by region and by asset class
Abstract We examine the role of ownership structure on international diversification
during institutional transition.