A Cultural Explanation of the Foreign Bias in International Asset Allocation

By Sjoerd Beugelsdijk, Bart Frijns. 2010

287 citations recorded by the source corpus.

Subfields: Accounting, Demography, Safety Research

View Paper: https://www.semanticscholar.org/paper/ec309a2a708cb0f4941cb069df01f58eea1de121

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. Sadok El Ghoul
2. Omrane Guedhami
3. Xiaolan Zheng
4. C. Kwok
5. Raj Aggarwal
6. Brian M. Lucey
7. Colm Kearney
8. Chris W. Anderson

In Demography

1. Sadok El Ghoul
2. Xiaolan Zheng
3. Omrane Guedhami
4. Raj Aggarwal
5. Brian M. Lucey
6. Colm Kearney
7. C. Kwok

In Safety Research

1. Brian M. Lucey
2. Colm Kearney
3. Raj Aggarwal

Citations in the corpus

• The liability of foreignness in capital markets: Sources and remedies (2011, unknown): “Additional support for culture’s impact on investor behavior is provided by Beugelsdijk and Frijns (2010) who find that more uncertaintyavoiding societies are associated with lower levels of foreign equity investment, and that societies with higher levels of individualism invest more in foreign equi”
• Cultural influences on home bias and international diversification by institutional investors (2011, background): “Also, Beugelsdijk and Frijns (2010) find that societies with higher levels of individualism invest more in foreign equities.”
• Gravity and culture in foreign portfolio investment (2012, methodology): “Building on Portes and Rey (2005) and on the more recent work of Guiso Sapienza and Ginzales (2009), Beugelsdijk and Frijns (2010) and Lucey and Zhang (2010) who have extended the set of variables in gravity models to include aspects of culture, our methodology is designed to separately identify…”
• The impact of cultural diversity in corporate boards on firm performance (2016, unknown): “These studies include Aggerwal and Goodell (2009; 2010); Beugelsdijk and Frijns (2010); Andersen et al.”
• National culture and corporate debt maturity (2012, background): “Bjornskov (2008) argues that people at one end of the societal distributions of status, wealth, and power find it difficult to understand, be responsible for, and trust citizens at the other end.”
• Place, space, and geographical exposure: Foreign subsidiary survival in conflict zones (2013, unknown): “Empirically, scholars have found that increasing levels of cultural, institutional, and geographic distance not only lead to lower levels of foreign direct investment (FDI) (Beugelsdijk & Frijns, 2010), but also exert different effects on market-seeking vs efficiency-seeking FDI (Slangen & Beugelsdi”
• CEO Overconfidence and International Merger and Acquisition Activity (2013, unknown): “These measures are used in a number of accounting and finance studies such as Hope (2003), Beugelsdijk and Frijns (2010),”