THE CASE OF MIST COUNTRIES RISK DECOMPOSITION IN FINANCIAL MARKETS
Küçük Resim Yok
Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Risk management involves awareness toward risks, predicting them and minimizing losses or transforming them into an opportunity. Its instruments that emerged with the improvement of the financial system are looming large every passing day. For corporate purposes, risk management, as well as risk measurement, is a useful and essential issue. The research aims to make a comparative analysis of the risk structures of the MIST countries (Mexico, Indonesia, South Korea, and Turkey) and the US indexes (S&P 500) in terms of risk concepts. In this study, the risks of the national stock market indexes of the MIST (Mexico, Indonesia, South Korea, and Turkey) countries are measured using the monthly closing data for the 2010-2021 period, based on the US markets. The S&P 500 index is determined as the market index. Thus, the total risks of the securities market indexes of MIST countries are estimated and categorized as unsystematic and systematic. Moreover, beta coefficients indicating sensitivity to fluctuations in the market are estimated by using the 144-month data. Findings: It is indicated that the unsystematic risks of the securities markets in the MIST country group on the basis of index are, in general, quite low, and the systematic risk factor constitutes the majority of the risk
Açıklama
Anahtar Kelimeler
İktisat, Financial Markets, MIST Countries, Risk Decomposition
Kaynak
Uluslararası İktisadi ve İdari İncelemeler Dergisi
WoS Q Değeri
Scopus Q Değeri
Cilt
Sayı
C-iasoS 2022 Özel Sayısı
