Foreign portfolio capital flows and stock returns: a study of Brazilian listed firms

This study analyzed the effect of foreign portfolio capital flows on stock returns of Brazilian listed firms through a 6-factors APT model, in which an additional risk factor for foreign portfolio capital flows was included. First, an aggregate analysis was conducted.The partial effect of foreign p...

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Autores principales: Tiago Loncan, João Frois Caldeira
Formato: article
Lenguaje:EN
PT
Publicado: Universidade de São Paulo 2015
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Acceso en línea:https://doaj.org/article/5334ad01a40e4bd1b006529a77b02935
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