메뉴 건너뛰기




Volumn 46, Issue 1, 1997, Pages 3-28

Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan

Author keywords

Equity ownership; Home bias; International diversification; Japan

Indexed keywords


EID: 0031256734     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-405X(97)00023-8     Document Type: Article
Times cited : (901)

References (18)
  • 3
    • 0010844365 scopus 로고    scopus 로고
    • International portfolio investment flows
    • forthcoming
    • Brennan, M.J., Cao, H.H., 1996. International portfolio investment flows. Journal of Finance, forthcoming.
    • (1996) Journal of Finance
    • Brennan, M.J.1    Cao, H.H.2
  • 4
    • 0010844111 scopus 로고
    • What explains the home bias in portfolio investment
    • Cooper, I.A., Kaplanis, E., 1994. What explains the home bias in portfolio investment. Review of Financial Studies 7, 45-60.
    • (1994) Review of Financial Studies , vol.7 , pp. 45-60
    • Cooper, I.A.1    Kaplanis, E.2
  • 5
    • 0011183797 scopus 로고    scopus 로고
    • Preferences for stock characteristics as revealed by open-end mutual fund portfolio holdings
    • Falkenstein, E.G., 1996. Preferences for stock characteristics as revealed by open-end mutual fund portfolio holdings. Journal of Finance 51, 111-135.
    • (1996) Journal of Finance , vol.51 , pp. 111-135
    • Falkenstein, E.G.1
  • 6
    • 84977737676 scopus 로고
    • The cross-section of expected stock returns
    • Fama, E., French, K.R., 1992. The cross-section of expected stock returns. Journal of Finance 47, 427-466.
    • (1992) Journal of Finance , vol.47 , pp. 427-466
    • Fama, E.1    French, K.R.2
  • 10
    • 0002336255 scopus 로고
    • Estimation of linear models with crossed-error structure
    • Fuller, W.A., Battese, G.E., 1974. Estimation of linear models with crossed-error structure. Journal of Econometrics 2, 67-78.
    • (1974) Journal of Econometrics , vol.2 , pp. 67-78
    • Fuller, W.A.1    Battese, G.E.2
  • 11
    • 84974224070 scopus 로고
    • An analysis of the wealth effects of Japanese offshore dollar-denominated convertible and warrant bond issues
    • Kang, J.-K., Kim, Y.C., Park, K.-J., Stulz, R.M., 1995. An analysis of the wealth effects of Japanese offshore dollar-denominated convertible and warrant bond issues. Journal of Financial and Quantitative Analysis, 257-270.
    • (1995) Journal of Financial and Quantitative Analysis , pp. 257-270
    • Kang, J.-K.1    Kim, Y.C.2    Park, K.-J.3    Stulz, R.M.4
  • 12
    • 0010842572 scopus 로고
    • Unpublished dissertation. University of California at Los Angeles, Los Angeles, CA
    • Low, A., 1993. Unpublished dissertation. University of California at Los Angeles, Los Angeles, CA.
    • (1993)
    • Low, A.1
  • 13
    • 84977707554 scopus 로고
    • A simple model of capital market equilibrium with imcomplete information
    • Merton, R.C., 1987. A simple model of capital market equilibrium with imcomplete information. Journal of Finance 42, 483-510.
    • (1987) Journal of Finance , vol.42 , pp. 483-510
    • Merton, R.C.1
  • 15
    • 84977410476 scopus 로고
    • On the effects of barriers to international investment
    • Stulz, R.M., 1981a. On the effects of barriers to international investment. Journal of Finance 36, 923-934.
    • (1981) Journal of Finance , vol.36 , pp. 923-934
    • Stulz, R.M.1
  • 16
    • 0002385291 scopus 로고
    • Foreign equity investment restrictions, capital flight restrictions and shareholder wealth: Theory and evidence
    • Stulz, R.M., Wasserfallen, W., 1995. Foreign equity investment restrictions, capital flight restrictions and shareholder wealth: theory and evidence. Review of Financial Studies 8, 1019-1057.
    • (1995) Review of Financial Studies , vol.8 , pp. 1019-1057
    • Stulz, R.M.1    Wasserfallen, W.2
  • 18
    • 84993917301 scopus 로고
    • A general equilibrium model of international portfolio choices
    • Uppal, R., 1993. A general equilibrium model of international portfolio choices. Journal of Finance 48, 529-553.
    • (1993) Journal of Finance , vol.48 , pp. 529-553
    • Uppal, R.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.