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