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Research has documented that most of retail and institutional investors exhibit a strong preference for stocks issued by nearby listed firms (i.e. Local Home Bias). This phenomenon shapes corporate market value and the cost of funding. In this paper,
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ac8dac19ea7acf68ef57f85bf866409b
http://hdl.handle.net/10278/3681248
http://hdl.handle.net/10278/3681248