Integrasi Pasaran-Pasaran Saham di Rantau APEC: Satu Kajian Empirikal

Authors

  • Hooy Chee Wooi Sekolah Pengurusan Universiti Sains Malaysia, Malaysia

DOI:

https://doi.org/10.32890/ijms2007.14.2.8

Keywords:

Integrasi pasaran saham, blok perdagangan, ICAPM, GARCH

Abstract

Artikel ini mengkaji proses sebut harga pasaran-pasaran saham di negaranegara rantau APEC dengan mempertimbangkan pengaruh faktor blok perdagangan. Penemuan utama kajian ini ialah: Pertama, faktor-faktor blok perdagangan didapati signifikan dan mempertingkatkan kuasa penjelasan Model Sebut Harga Aset Modal Antarabangsa (International Capital Asset Pricing Model), ICAPM; Kedua, dengan menggunakan APEC sebagai platform, artikel ini menunjukkan bahawa pasaran-pasaran bagi Negara membangun didapati lebih sensitif dengan pasaran dunia; Ketiga, sebut harga bagi blok-blok perdagangan yang lain didapati tidak mempunyai pengaruh yang kuat. Sumbangan artikel ini adalah memberi penerangan baru kenapa pasaranpasaran saham bagi negara-negara membangun tidak berintegrasi sangat dengan pasaran dunia; disebabkan mereka lebih integrasi dengan pasaranpasaran saham di blok perdagangan sendiri.

 

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Published

28-12-2007

Issue

Vol. 14 No. 2 (2007): International Journal of Management Studies (IJMS) Vol. 14, No. 2 December 2007

Section

Articles

Research impact

Harvested 2026-09-08
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Identifiers DOI 10.32890/ijms2007.14.2.8 OpenAlex W7029354348