OPPORTUNITIES TO IMPROVE THE PORTFOLIO PERFORMANCE BASED ON DIVIDEND STRATEGIES AND EQUITY HOME BIAS

dc.contributor.author	Milinov, Valentin
dc.contributor.author	Pavlov, Tsvetan
dc.date.accessioned	2017-03-07T06:55:38Z
dc.date.available	2017-03-07T06:55:38Z
dc.date.issued	2016
dc.identifier.issn	0323-9004
dc.identifier.uri	http://hdl.handle.net/10610/3093
dc.description.abstract	The article examines the equity home bias puzzle and the "Dogs of the Dow" dividend strategy under conditions of the Bulgarian capital market. It was found out that local investors hold 74.1% of their portfolios in domestic stocks, although ICAPM suggests weight of 0.007%, and the "Dogs of the Dow" strategy generates annual risk-adjusted hyper-profitability of 11.18%. Following the dividend strategy, combined with good international diversification provides good opportunities to improve portfolio performance.	bg_BG
dc.language.iso	en	bg_BG
dc.publisher	АИ "Ценов"	bg_BG
dc.relation.ispartofseries	2;6
dc.subject	market efficiency	bg_BG
dc.subject	international diversification	bg_BG
dc.subject	equity home bias	bg_BG
dc.subject	dividend puzzle	bg_BG
dc.subject	the "Dogs of the Dow" strategy	bg_BG
dc.title	OPPORTUNITIES TO IMPROVE THE PORTFOLIO PERFORMANCE BASED ON DIVIDEND STRATEGIES AND EQUITY HOME BIAS	bg_BG
dc.type	Article	bg_BG