The impact of foreign ownership on return volatility, volume, and stock risks: Evidence from ASEAN countries

• Main Authors: Naufa, Ahmad Maulin, Lantara, I. Wayan Nuka, Lau, Wee Yeap
• Format: Article
• Published: Elsevier 2019
• Subjects: HC Economic History and Conditions; HF Commerce
• Online Access: http://eprints.um.edu.my/23872/; https://doi.org/10.1016/j.eap.2019.09.002

This paper aims to delve into the effect of foreign ownership on return volatility, volume, and risk of buying/holding stocks. It uses panel data from six ASEAN countries from 2007 to 2017. There are three primary findings. First, foreign ownership diminishes return volatility, particularly during a...