Macroeconomic factors, exchange rates, and industrial structures affect international equity returns. Macroeconomic Factors Solnik (1984)…

GRS are a share that are traded globally, unlike the ADRs that are receipts of…

An ADR is a receipt that has a number of foreign shares remaining on deposit…

In 1990s, many international companies, including the Latin Americans, have listed their stocks on U.S.…

The driving forces of financial globalization have led to four dramatic changes in the structure…

A greater global integration of capital markets became apparent for various reasons – ●      First, investors understood…

International equity markets are an important platform for global finance. They not only ensure the…

The secondary equity markets provide marketability and share valuation. Investors or traders who purchase shares from the…

Bonds have (generally) $1,000 increments. Bonds are priced as a percentage of par value. Many…

For the market participants owning bonds, collecting coupons and holding it till maturity, market volatility is not…