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- W1966453683 abstract "In this study, we argue that volatility in a country's financial market depends on the country's level of corruption. We postulate that countries with higher corruption will experience a larger standard deviation of returns. We also assume that within the same time-frame those less corrupt countries will experience a lower standard deviation of returns from their financial markets. The paper presented empirical results to support our hypothesis." @default.
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- W1966453683 date "2008-05-01" @default.
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- W1966453683 title "A study of the effects of corruption on variance of realised returns" @default.
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- W1966453683 doi "https://doi.org/10.1057/jdhf.2008.2" @default.
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