Effect of Graham's share selection criteria on portfolio return in emerging markets: case of Malaysian share market Online publication date: Tue, 09-Apr-2019
by Nadisah Zakaria; Fariza Hashim
International Journal of Economics and Business Research (IJEBR), Vol. 17, No. 3, 2019
Abstract: Graham's model has been broadly investigated in diverse advanced share markets primarily in the USA and Europe as the companies are larger and established in sound economies. However, the selection criteria model is not prevalently examined in emerging countries, regardless of their fast economic growth and diversified sectors in stocks trading. For this reason, this study seeks to analyse the effect of Graham's stock selection criteria on the portfolio returns of the Malaysian stock market. Malaysia's has been recognised as one of the most rapidly growing markets in the Far East region; therefore, testing the market is essential and valid. The study found that notwithstanding its inception in the stock market, the Malaysian stock market was capable of proffering abnormal returns to investors, thus indicating that Graham's model of stock selection is certainly beneficial to investors.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Economics and Business Research (IJEBR):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook