메뉴 건너뛰기




Volumn 12, Issue 1, 2009, Pages 32-53

Why do foreign investors underperform domestic investors in trading activities? Evidence from Indonesia

Author keywords

Aggressive trading hypothesis; Domestic investor; Foreign investor; Indonesian stock market; Information advantage hypothesis; Initiated orders; Non initiated orders; Poor timing of trade hypothesis; Trading performance

Indexed keywords


EID: 58149289667     PISSN: 13864181     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.finmar.2008.04.001     Document Type: Article
Times cited : (75)

References (8)
  • 1
    • 58149283404 scopus 로고    scopus 로고
    • Barber, B.M., Lee, Y.-T., Liu, Y.-J., Odean, T., 2005. Who loses from trade? Evidence from Taiwan. Review of Financial Studies, forthcoming.
    • Barber, B.M., Lee, Y.-T., Liu, Y.-J., Odean, T., 2005. Who loses from trade? Evidence from Taiwan. Review of Financial Studies, forthcoming.
  • 2
    • 0040747533 scopus 로고    scopus 로고
    • International portfolio investment flows
    • Brennan M., and Cao H. International portfolio investment flows. Journal of Finance 52 (1997) 1851-1880
    • (1997) Journal of Finance , vol.52 , pp. 1851-1880
    • Brennan, M.1    Cao, H.2
  • 3
    • 34748883716 scopus 로고    scopus 로고
    • Are domestic investors better informed than foreign investors? Evidence from the perfectly segmented market in China
    • Chan K., Menkveld A.J., and Yang Z. Are domestic investors better informed than foreign investors? Evidence from the perfectly segmented market in China. Journal of Financial Markets 10 (2007) 391-415
    • (2007) Journal of Financial Markets , vol.10 , pp. 391-415
    • Chan, K.1    Menkveld, A.J.2    Yang, Z.3
  • 4
    • 24044513639 scopus 로고    scopus 로고
    • Do domestic investors have an edge? The trading experience of foreign investors in Korea
    • Choe H., Kho B.C., and Stulz R. Do domestic investors have an edge? The trading experience of foreign investors in Korea. Review of Financial Studies 18 (2005) 795-829
    • (2005) Review of Financial Studies , vol.18 , pp. 795-829
    • Choe, H.1    Kho, B.C.2    Stulz, R.3
  • 5
    • 16244423334 scopus 로고    scopus 로고
    • Do domestic investors have an information advantage? Evidence from Indonesia
    • Dvořák T. Do domestic investors have an information advantage? Evidence from Indonesia. Journal of Finance 60 (2005) 817-839
    • (2005) Journal of Finance , vol.60 , pp. 817-839
    • Dvořák, T.1
  • 6
    • 0033634041 scopus 로고    scopus 로고
    • The investment behavior and performance of various investor-types: A study of Finland's unique data set
    • Grinblatt M., and Keloharju M. The investment behavior and performance of various investor-types: A study of Finland's unique data set. Journal of Financial Economics 55 (2000) 43-67
    • (2000) Journal of Financial Economics , vol.55 , pp. 43-67
    • Grinblatt, M.1    Keloharju, M.2
  • 7
    • 0040434945 scopus 로고    scopus 로고
    • Location matters: an examination of trading profits
    • Hau H. Location matters: an examination of trading profits. Journal of Finance 56 (2001) 1959-1983
    • (2001) Journal of Finance , vol.56 , pp. 1959-1983
    • Hau, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.