Theoretical Perspectives on Financial Globalization : Trade Costs and Equity Home Bias ∗
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چکیده
منابع مشابه
Australia’s Equity Home Bias and Corporate Governance
This paper constructs the float adjusted measure of home bias and explores the determinants of Australia’s equity home bias by employing International Monetary Fund’s high quality dataset (2001 to 2005) on cross border equity investment. The paper finds that information asymmetries arising due to countries regulatory and legal environment have significant impact on Australia’s equity home bias....
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