International investors' home bias in portfolio equity investment
Paper
Paper/Presentation Title | International investors' home bias in portfolio equity investment |
---|---|
Presentation Type | Paper |
Authors | |
Author | Mishra, Anil V. |
Editors | Walker, Gordon |
Journal or Proceedings Title | Proceedings of the 14th Global Finance Conference |
Number of Pages | 35 |
Year | 2007 |
Place of Publication | Melbourne, Australia |
Web Address (URL) of Paper | http://www.gfc2007.org |
Conference/Event | 14th Global Finance Conference |
Event Details | 14th Global Finance Conference Event Date 01 to end of 04 Apr 2007 Event Location Melbourne |
Abstract | This paper utilizes International Monetary Fund’s high quality dataset over the period from 2001 to 2004, to investigate the determinants of home bias in the international context. This paper contributes to the existing literature by using float adjusted measure of home bias for 38 countries. Information asymmetries arising due to countries’ regulatory and legal environment have significant impact on home bias.Foreign listing is found to alleviate home bias. |
Keywords | governance indicators; coordinated portfolio investment survey; float world market portfolio |
ANZSRC Field of Research 2020 | 380107. Financial economics |
380110. International economics | |
Public Notes | No evidence of copyright restrictions on web site. |
Byline Affiliations | Department of Finance and Banking |
https://research.usq.edu.au/item/9y144/international-investors-home-bias-in-portfolio-equity-investment
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