Is Blockholder Dispersion Attracting Foreign Investors?

This paper examines the impact of blockholder dispersion on the foreign ownership in the Korean stock market over the period 2005-2016. We use the Herfindahl Index as a substitute variable for blockholder dispersion. Results show that a lower Herfindahl Index leads to a higher foreign ownership of t...

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Bibliographic Details
Main Authors: Hung Sik Kim, Kyung-Shick Cho
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2018-06-01
Series:Global Business and Finance Review
Subjects:
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20180710134600-T1MB4.pdf