Foreign direct investment and downside risk: Evidence from Taiwan

TY - JOUR

T1 - Foreign direct investment and downside risk: Evidence from Taiwan

AU - Wang, Li-Hsun

AU - Lin, Chu-Hsiung

AU - Fung, Hung-Gay

AU - Kao, Tzu-Chuan

N1 - Downloadable (with restrictions)! Foreign direct investment (FDI) has become highly popular in recent decades. This study investigates how FDI by Taiwanese firms affects downside risk by considering the fact that FDI firms increase both the revenue and risk in their expedition. The results indicate that downside risk is positively associated with FDI.

PY - 2019/10/1

Y1 - 2019/10/1

UR - https://ideas.repec.org/a/eee/pacfin/v57y2019ics0927538x18302518.html

U2 - 10.1016/J.PACFIN.2019.01.010

DO - 10.1016/J.PACFIN.2019.01.010

M3 - Article

VL - 57

JO - Pacific-basin Finance Journal

JF - Pacific-basin Finance Journal

ER -