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pro vyhledávání: '"local home bia"'
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
Investor preference for local stocks provides a quasi-experimental setting to investigate whether the market rewards firms that comply with generally accepted accounting principles. We show firms with low earnings quality trade at a premium compared
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ecbd84ddc43600e74371a90c83681736
http://hdl.handle.net/11585/587363
http://hdl.handle.net/11585/587363