Measures of market Concentration o Emerging markets tend to be much more concentrated than our markets Concentrated in relatively few companies That is, a few issues account for a much larger percentage of the overall market capitalization in emerging markets than in the equity markets of the developed world Irwin/McGraw-Hill Copyright o 2001 by The McGraw-Hill Commpanies, Inc. All rightsIrwin/McGraw-Hill Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. Measures of Market Concentration ⚫ Emerging Markets tend to be much more concentrated than our markets. ◼ Concentrated in relatively few companies. ⚫ That is, a few issues account for a much larger percentage of the overall market capitalization in emerging markets than in the equity markets of the developed world