Stocks Market Interdependence and Asian Financial Crisis: Empirical Evidence from Asean-Plus-Three

• Main Authors: Ruzita Abdul Rahim, Ros Zamzam Sapian, Abu Hassan Shaari Mohd Nor
• Format: Article
• Language: English
• Published: Universiti Sains Islam Malaysia 2012
• Subjects: Stock market interdependence; Asian financial crisis; International portfolio diversification; ASEAN-plus-three
• Online Access: http://ddms.usim.edu.my/handle/123456789/5358

This paper examines the impact of Asian financial crisis on stock market interdependence for the period of 16 years from January 1991 to December 2006 of ASEAN-plus-three stock markets. The preliminary results show that there is differential in risk-return behavior for pre-, during and post-crisi...