A földrajzi tér által kínált kockázatcsökkentési lehetőségek magyarországi perspektívából

Résumé

This study illustrates the effectiveness of geographical diversification using mainly domestic and foreign capital market data. The paper uses twenty-five years of historical capital market prices to show how the neglect of geographical diversification results in a deterioration in investment decision-making. The study shows that even the world’s largest capital markets are worth investing in cross-border capital markets because geographical spatiality can offer significant diversification benefits.