The Impact of FDI on International Portfolio Investments

Show full item record

Files in this item

Files Size Format View/Open
482-951-555-759-3.pdf 687.0Kb PDF View/Open
Use this URL to link or cite this item: http://hdl.handle.net/10227/174
Title: The Impact of FDI on International Portfolio Investments
Author: Al-Khail, Mohammed Aba
Contributor: Swedish School of Economics and Business Administration, Department of Finance and Statistics, Finance
Belongs to series: Working Papers - 482
ISSN: 0357-4598
ISBN: 951-555-759-3
Abstract: Some empirical research has argued that part of the reason for the observed "home bias" is that investors are able to indirectly achieve internationally diversified portfolios via domestically listed multinational firms. Another branch of this research attributes the "home bias" and country allocations to more deeply rooted informational causes.

Using a four-year annual panel of Finnish international portfolios and Foreign Direct Investments in twenty-five countries, I provide evidence consistent with an information asymmetry explanationSome empirical research has argued that part of the reason for the observed "home bias" is that investors are able to indirectly achieve internationally diversified portfolios via domestically listed multinational firms. Another branch of this research attributes the "home bias" and country allocations to more deeply rooted informational causes.

Using a four-year annual panel of Finnish international portfolios and Foreign Direct Investments in twenty-five countries, I provide evidence consistent with an information asymmetry explanation
URI: http://hdl.handle.net/10227/174
URN:ISBN:951-555-759-3
Date: 2002
Copyright information: This publication is copyrighted. You may download, display and print it for Your own personal use. Commercial use is prohibited.
This item appears in the following Collection(s)

Show full item record

Search Helda


Advanced Search

Browse

My Account