Do Domestic Investors Have More Valuable Information About Individual Stocks than Foreign Investors?

By Hyuk Choe, Bong-Chan Kho, René M. Stulz. 2001

138 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/c148281293eb230b74e2f293afb034ea0c424501

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Geert Bekaert
2. Tarun Ramadorai
3. Kenneth A. Froot
4. Campbell R. Harvey
5. Magnus Dahlquist
6. Göran Robertsson
7. Tomáš Dvořák
8. René M. Stulz

In Finance

1. Geert Bekaert
2. Campbell R. Harvey
3. Tarun Ramadorai
4. Kenneth A. Froot
5. Magnus Dahlquist
6. Göran Robertsson
7. Tomáš Dvořák
8. René M. Stulz

Citations in the corpus

• Emerging Markets Finance (2003, background): “9 is taken from a World Bank document on private capital flows to emerging markets.”
• A note on foreigners' trading and price effects across firms (2004, background): “On the other hand, Shukla and van Inwegen (1995) show that American money managers outperform UK money managers when trading US stocks, and Choe et al. (2000) find that foreigners buy at higher prices and sell at lower prices compared with resident investors.”
• Do Domestic Investors Have an Information Advantage? Evidence from Indonesia (2005, background): “Choe et al. (2001) compare intraday prices at which domestic and foreign investors trade. They find that foreign investors buy at higher and sell at lower intraday prices than foreigners. The advantage of this approach is that it is independent of any asset pricing model, that is, there is no need t”
• Currency Returns, Intrinsic Value, and Institutional-Investor Flows (2005, background): “In equities, there is already considerable evidence rejecting the fundamentals-only view in favor of the flow-centric views (Froot, O’Connell, and Seasholes (2001), Froot and Ramadorai (2001), Cohen, Gompers, and Vuolteenaho (2002), and Choe, Kho, and Stulz (2001) are recent examples).”
• Global Private Information in International Equity Markets (2009, unknown): “1 See, for example, Bohn and Tesar (1996a), Choe, Kho, and Stulz (2001), Froot, O’Connell, and Seasholes (2001) and Albuquerque, Bauer, and Schneider (2007).”
• International and domestic collateral constraints in a model of emerging market crises (2001, unknown): “, Choe et al. (2001)).”
• Transparency and International Portfolio Holdings (2005, unknown): “Choe, Kho, and Stulz (2001) study the case of Korea, presenting a mixed picture.”