Foreign direct investment and international stock market integration

Jing Shi, Chris Bilson, John G. Powell, Julie Wigg

Research output: Contribution to journalArticleResearchpeer-review

10 Citations (Scopus)

Abstract

This paper examines whether foreign direct investment between countries fosters stock market integration. Empirical tests demonstrate that both the flow and the level of bilateral foreign direct investment between countries explain country-pair stock market integration. More specifically, higher bilateral foreign direct investment levels and flows increase Australia's stock market integration with its major trade partners.

Original languageEnglish
Pages (from-to)265-290
Number of pages26
JournalAustralian Journal of Management
Volume35
Issue number3
DOIs
Publication statusPublished - 1 Dec 2010
Externally publishedYes

Fingerprint

Stock market integration
International stock markets
Foreign direct investment
Bilateral
Empirical test

Cite this

Shi, Jing ; Bilson, Chris ; Powell, John G. ; Wigg, Julie. / Foreign direct investment and international stock market integration. In: Australian Journal of Management. 2010 ; Vol. 35, No. 3. pp. 265-290.
@article{a2c1a518d90e4b3aa3bf70307d0b4867,
title = "Foreign direct investment and international stock market integration",
abstract = "This paper examines whether foreign direct investment between countries fosters stock market integration. Empirical tests demonstrate that both the flow and the level of bilateral foreign direct investment between countries explain country-pair stock market integration. More specifically, higher bilateral foreign direct investment levels and flows increase Australia's stock market integration with its major trade partners.",
author = "Jing Shi and Chris Bilson and Powell, {John G.} and Julie Wigg",
year = "2010",
month = "12",
day = "1",
doi = "10.1177/0312896210384680",
language = "English",
volume = "35",
pages = "265--290",
journal = "Australian Journal of Management",
issn = "0312-8962",
publisher = "SAGE Publications Ltd",
number = "3",

}

Foreign direct investment and international stock market integration. / Shi, Jing; Bilson, Chris; Powell, John G.; Wigg, Julie.

In: Australian Journal of Management, Vol. 35, No. 3, 01.12.2010, p. 265-290.

Research output: Contribution to journalArticleResearchpeer-review

TY - JOUR

T1 - Foreign direct investment and international stock market integration

AU - Shi, Jing

AU - Bilson, Chris

AU - Powell, John G.

AU - Wigg, Julie

PY - 2010/12/1

Y1 - 2010/12/1

N2 - This paper examines whether foreign direct investment between countries fosters stock market integration. Empirical tests demonstrate that both the flow and the level of bilateral foreign direct investment between countries explain country-pair stock market integration. More specifically, higher bilateral foreign direct investment levels and flows increase Australia's stock market integration with its major trade partners.

AB - This paper examines whether foreign direct investment between countries fosters stock market integration. Empirical tests demonstrate that both the flow and the level of bilateral foreign direct investment between countries explain country-pair stock market integration. More specifically, higher bilateral foreign direct investment levels and flows increase Australia's stock market integration with its major trade partners.

UR - http://www.scopus.com/inward/record.url?scp=79251489799&partnerID=8YFLogxK

U2 - 10.1177/0312896210384680

DO - 10.1177/0312896210384680

M3 - Article

VL - 35

SP - 265

EP - 290

JO - Australian Journal of Management

JF - Australian Journal of Management

SN - 0312-8962

IS - 3

ER -