Industry momentum in Latin America

We examine whether high-return industries outperform low-return industries in Latin America. Differences in performance between recent winner and loser industries are very often indistinguishable from zero. Evaluating the segment of small and large industries also points us to a lack of return conti...

Full description

Autores:
Berggrun, Luis
Cardona, Emilio
Lizarzaburu Bolaños, Edmundo R.
Tipo de recurso:
Article of investigation
Fecha de publicación:
2023
Institución:
Colegio de Estudios Superiores de Administración
Repositorio:
Repositorio CESA
Idioma:
eng
OAI Identifier:
oai:repository.cesa.edu.co:10726/5025
Acceso en línea:
http://hdl.handle.net/10726/5025
https://doi.org/10.1016/j.jbusres.2023.113711
Palabra clave:
Emerging markets
Five-factor model
Industry portfolios
Multiple hypothesis testing
Portfolio performance
Rights
openAccess
License
Abierto (Texto Completo)