Title

THE INVESTMENT RETURNS OF INTERNATIONAL ENTREPRENEURS.

Authors

Shulman, Joel M.; Cox, Raymond A. K.

Abstract

We analyze the performance of entrepreneur-managed companies in international markets using monthly stock returns over the time period January 2, 2005 through January 31, 2011. For the firms that fit this category, with a minimum market capitalization of USD 200 million, as a portfolio earned 12.59 percent per annum for the entire time period. This compares to 4.46, 3.03, 1.63, and 0.98 percent for the benchmarks MSCI World Index, Russell 2000, Russell 3000 and Standard and Poor's 500 Price Index respectively.

Subjects

RATE of return; BUSINESSPEOPLE; FOREIGN investments; MARKET capitalization; INTERNATIONAL markets

Publication

Journal of International Management Studies, 2012, Vol 12, Issue 3, p100

ISSN

1930-6105

Publication type

Academic Journal