Mateus, Cesario and Hoang, Bao Trung ORCID: 0000-0003-1130-0300 (2022) Foreign portfolio investment: opportunities or challenges for enterprises in transition economies? In: Ngo, Vi Dung, Nguyen, Duc Khuong and Nguyen, Ngoc Thang, (eds.) Entrepreneurial finance, innovation and development: A Research Companion. Routledge, New York, pp. 69-94. ISBN 978-0367681036; 978-0367681166; 978-1003134282 (doi:https://doi.org/10.4324/9781003134282)

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Abstract

In transition countries, privatization and financial liberalization have facilitated portfolio investment inflows in approaching public companies in the last two decades. These result in controversies about the effects of liberalization policies and whether the participation of foreign institutional investors as shareholders impacts firm performance. This chapter examines foreign portfolio investment in Bosnia and Herzegovina, Serbia, Ukraine, and Vietnam from 2007 to 2019 and analyses whether the holdings of foreign institutional investors affect Tobin’s Q. Some perspectives on the opportunities and challenges of portfolio investment for public firms in transition countries are also presented in this chapter.

Item Type:	Book Section
Uncontrolled Keywords:	foreign investment; portfolio investment; transition countries
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting H Social Sciences > HG Finance
Faculty / School / Research Centre / Research Group:	Faculty of Business Faculty of Business > Department of Accounting & Finance
Last Modified:	09 May 2022 12:15
URI:	http://gala.gre.ac.uk/id/eprint/35927

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