Foreign Investment in Emerging Markets: International Diversification or Familiarity Bias?emerging marketsfamiliarity biasfinancial crisishome biasinternational diversificationThis study empirically tests whether foreign investors take advantage of international diversification when investing in emerging Asian markets. ...
Home bias at the firm level in terms of the sensitivity to the export ratio is evident for both types of investors, especially, in more recent years, although equity home bias at the country level has been gradually mitigated. Based on these macro- and micro-level results, we conclude that...
Second, existing LTM could bias STM encoding to focus more on distinctive information (Olsson & Poom, 2005). Third, LTM can facilitate various processes in STM, including consolidation, maintenance, retrieval, and executive control (Thorn & Page, 2009). Fourth, statistical regularity acquired over...
Familiarity biasEthical investingCAPMSize premiumPortfolio returnsOur study investigates the relationship between European society's wealth and how they invest in sin stocks鈥攕tocks of listed firms involved in producing tobacco, alcohol, and gambling goods and services returns. Using time series data ...