Capital returns and currency value: The contrasting key drivers of foreign portfolio investments in Sub-Saharan African economies

In this study, we investigate the role of capital returns and currency value in determining foreign portfolio investments, with a focus on Sub-Saharan African economies. The empirical results from the auto-regressive distributed lag and vector error correction models reveal significant positive impa...

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Bibliographic Details
Main Authors: Samson Edo, Hilary Kanwanye
Format: Article
Language:English
Published: Elsevier 2022-06-01
Series:IIMB Management Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S097038962200043X