Portfolio diversification (PD) is attracting increasing attention, as it is becoming more difficult
to optimize portfolios due to growing financial markets integration. To highlight the evolution …

Using the data of China Household Finance Micro Survey (CHFS) and Peking University
Digital Inclusive Financial Index, the fixed effect model is adopted to conduct empirical …

The purpose of this paper is to investigate the performance of ethical and conventional
investments. It examines also whether socially responsible and Islamic investments offer an …

Risk has always been the concern of managers and shareholders as a part of decision-
making processes. Managers tend to control unsystematic risk mostly while trying to …

Abstract We use Random Matrix Theory (RMT) and information theory to analyze the
correlations and flow of information between 64,939 news from The New York Times and 40 …

The fractal characteristics of the security market were considered in portfolio strategy
optimization. First, the detrended cross-correlation analysis was adopted to measure the …

Risk captured through the volatility of stock markets stands as the essential concern for
financial investors. The financial crisis of 2008 demonstrated that stock markets are highly …

Our paper consists mainly to shed light into the field of bank capital structure and regulatory
capital. We use the panel data set of bank leverage and tier 1 capital ratio. Our dataset …

The construction of an efficient portfolio aims at maximizing the investor's capital, or its
return, while minimizing the risk of unfavourable events. This problem has been pioneered …

Cryptocurrencies are becoming an exciting topic for legislative bodies, practitioners, media,
and scholars with diverse academic backgrounds. The work identifies diversification benefits …