Home Equity Bias
DOI:
https://doi.org/10.30537/sijmb.v1i1.84Keywords:
Behavioral Finance, Foreign Diversification, Behavioral Finance, Political risk.Abstract
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.
Downloads
Downloads
Published
Issue
Section
License
The SIJMB holds the rights of all the published papers. Authors are required to transfer copyrights to journal to make sure that the paper is solely published in SIJMB, however, authors and readers can freely read, download, copy, distribute, print, search, or link to the full texts of its articles and to use them for any other lawful purpose.
The SIJMB is licensed under Creative Commons Attribution-NonCommercial 4.0 International License.