by Liu Tat-luen. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1990. / Bibliography: leaves 68-69. / ABSTRACT --- p.i / ACKNOWLEDGMENT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.v / LIST OF FIGURES --- p.vi / Chapter / Chapter I. --- INTRODUCTION --- p.1 / The trend of international diversification in stock investment --- p.1 / Why diversify in international stock investment --- p.2 / Chapter II. --- STUDY OBJECTIVES --- p.8 / Hypothesis --- p.8 / Relevance of Hong Kong case --- p.9 / Research Methodology --- p.10 / Chapter III. --- HOW RISKS ARE MEASURED --- p.12 / Systematic risk and non-systematic risk --- p.12 / Measurement of systematic risk - concept of β --- p.13 / Chapter IV. --- RISK-RETURN RELATIONSHIP --- p.15 / The standard Capital Asset Pricing Model --- p.15 / B in CAPM defined --- p.17 / Chapter V. --- EXTENSION OF CAPM INTERNATIONALLY --- p.19 / Chapter VI. --- SYSTEMATIC AND NON-SYSTEMATIC RISKS IN INTERNATIONAL CAPM CONTEXT --- p.27 / Systematic Risk - International CAPM --- p.27 / Non-systematic risk - International CAPM --- p.29 / Chapter VII. --- THE DETERMINATION OF βHong Kong --- p.31 / Estimating of β by Regression Analysis --- p.31 / Analysis Procedure --- p.32 / Graphical presentation of the data set --- p.34 / The regression Output --- p.35 / Estimation of 3 from the definition --- p.38 / Findings --- p.42 / Chapter VIII. --- USE OF BETA FOR A COUNTRY STOCK MARKET --- p.48 / Chapter IX. --- CONCLUSION --- p.52 / Chapter Appendix 1 --- The Hang Seng Index : 1980-89 --- p.58 / Chapter Appendix 2 --- The Data Set - Hang Seng and World Index (1987-89) --- p.59 / Chapter Appendix 3 --- The Data Set - Hang Seng and World Index (1982-84) --- p.60 / Chapter Appendix 4 --- t - test for the correlation of 3-year regression data --- p.61 / Chapter Appendix 5 --- t - test for the correlation of yearly regression data --- p.63 / Chapter Appendix 6 --- Constraints to International Diversification --- p.66 / BIBLIOGRAPHY --- p.68
| Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_318534 |
| Date | January 1990 |
| Contributors | Liu, Tat-luen., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
| Publisher | Chinese University of Hong Kong |
| Source Sets | The Chinese University of Hong Kong |
| Language | English |
| Detected Language | English |
| Type | Text, bibliography |
| Format | print, vi, 69 leaves : ill. ; 30 cm. |
| Coverage | China, Hong Kong |
| Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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