What determines the domestic bias and foreign bias

By Kalok Chan, Vicentiu Covrig, Lilian Ng. 2005

846 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/0402daedf6b0b0e0469724709f576b4a4ed0c078

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Citations in the corpus

Home Bias in International Equity Portfolios: A Review (2007, background): “The budget constraint in (15) can be written as:”
Large Foreign Ownership and Firm-Level Stock Return Volatility in Emerging Markets (2011, positive): “…important role in determining cross-border acquisitions and fixed investments (Rossi and Volpin (2004), Kelley and Woidtke (2006)), as well as international investment allocation (Dahlquist, Pinkowitz, Stulz, and Williamson (2003), Chan, Covrig, and Ng (2005), and Leuz, Lins, and Warnock (2009)).”
The Impact of Mandatory IFRS Adoption on Foreign Mutual Fund Ownership: The Role of Comparability (2011, neutral): “As in prior studies (Chan et al., 2005, 2006; Covrig et al., 2007), we disaggregate foreign mutual funds into four types based on the scope of their investment: (1) foreign global funds -foreign funds with at least 80% of equity holdings in no specific country or region, (2) foreign regional funds…”
Market Development and the Asset Growth Effect: International Evidence (2013, methodology): “TCOST is the index of trading costs obtained from Chan et al. (2005).”
Is the crowd sensitive to distance?—how investment decisions differ by investor type (2017, neutral): “And research has found that VC firms seem to prefer local investments (see Florida and Smith 1994; Powell et al. 2002; Zook 2002; Chan et al. 2005; Cumming and Dai 2010; and Kolympiris et al. 2015).”
Egalitarianism and International Investment (2011, neutral): “Although evidence obtained during the last decade no longer allows such a claim to be dismissed out of hand (e.g., Grinblatt and Keloharju, 2001; Sarkissian and Schill, 2004; Chan, Covrig, and Ng, 2005), the mechanisms that may engender these widely observed correlations remain poorly understood.”
Home bias in open economy financial macroeconomics (2013, neutral): “Pi,tCi,t + p S i,tS i i,t+1 + p S j,tS i j,t+1 + p B j,tB i j,t+1 + p B i,tB i i,t+1 (28)”
The Determinants of International Investment and Attention Allocation: Using Internet Search Query Data (2010, neutral): “…conditions, market structure and institutions are important drivers of equity flows into emerging markets and Portes and Rey (2005) and Chan et al. (2005) find that the geography of information is relevant for explaining cross-border equity flows and mutual fund equity holdings…”
On the International Transmission of Shocks : Micro-Evidence from Mutual Fund Portfolios (2012, neutral): “See, for example, Grinblatt et al. (1995), Wermers (1999), and Gompers and Metrick (2001) for the U.S. domestic funds, and Kang and Stulz (1997), Dahlquist and Robertsson (2001), Kim and Wei (2002), Chan et al. (2005), Gelos and Wei (2005), and Didier et al. (2010) for the international ones.”
Cultural influences on home bias and international diversification by institutional investors (2011, methodology): “International portfolio allocations by mutual funds are influenced by stock market development and investor familiarity with various foreign markets as suggested by common language, bilateral trade flows, and geographic proximity between investor and target countries (Chan, Covrig, and Ng, 2005).”