文章基本信息

标题：The relationship between WIG-subindexes: evidence from the Warsaw Stock Exchange
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作者：Henryk Gurgul ; Robert Syrek
期刊名称：Ekonomia Menedzerska (älter als 2 Jahre)
印刷版ISSN：1898-1143
出版年度：2014
卷号：15
期号：2
页码：149-164
DOI：10.7494/manage.2014.15.2.149
出版社：Akademia Górniczo-Hutnicza
摘要：Investors who are present in emerging markets are interested not only in returns,but also in the risk characteristics of stock prices in these markets. In particular,investors try to identify any signals of informationalinefficiency in thesemarkets in order to make larger profits. The existing contributions demonstratedthat emerging markets are specific and their behavior is rather complex. Thiscomplexity depends on many factors. Empirical investigations on individual emergingmarkets make it easier to further understand the factors influencing returnsand risk in these fast-growing markets. Stock indexes are frequently applied intesting for market efficiency. This is very important in cases when a high marketconcentration can be observed.