Home Equity Bias

Autor: Akbar, Ume Salma, Mubashir Ali, Mubashir Ali, Shah, Zulifqar Ali
Rok vydání: 2014
Předmět:
Zdroj: Sukkur IBA Journal of Management and Business. 1(1):40-56
Popis: This study is aimed to investigate the factors that are intended to lessen the home equity bias or became a base for foreign diversification. By using the foreign diversification of twenty-one developing countries over a period of ten years and incorporating the effect of nine important variables for exploring their effect on home bias. The results from Random effect panel regression shows a diminishing trend of investors towards home equity biasness and the contributing factors for lessening this bias are local market share in world market capitalization and information available to investors and trade opening.
Databáze: OpenAIRE