Abstract
The objective of this research is to find how world stock markets correlate with each other and what causes that correlation. Multiple dependent variables that may have a high impact on correlations are tested, with a particular focus on cross-equity holdings. All the variables but one tested significant at the accepted 90% confidence level. The model showed a negative relationship between equity holdings and stock market correlation. The results may inspire further research with more in depth analysis of international equity holdings and investor behavior in world stock markets.
Notes
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Thesis Completion
2012
Semester
Summer
Advisor
Aysun, Uluc
Degree
Bachelor of Arts (B.A.)
College
College of Business Administration
Degree Program
Economics
Subjects
Business Administration -- Dissertations, Academic;Dissertations, Academic -- Business Administration
Format
Identifier
CFH0004248
Language
English
Access Status
Open Access
Length of Campus-only Access
None
Document Type
Honors in the Major Thesis
Recommended Citation
Iliev, Radoslav, "Stock market correlations and cross-equity holdings" (2012). HIM 1990-2015. 1334.
https://stars.library.ucf.edu/honorstheses1990-2015/1334