Local home bias: Theory and new empirical evidence from Italy

This thesis examines the literature on local home bias, i.e. investor preference towards geographically nearby stocks, and investigates the role of firm’s visibility, profitability, and opacity in explaining such behavior. While firm’s visibility is expected to proxy for the behavioral root originat...

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Bibliographic Details
Main Author: Baschieri, Giulia <1984>
Other Authors: Mengoli, Stefano
Format: Doctoral Thesis
Language:en
Published: Alma Mater Studiorum - Università di Bologna 2012
Subjects:
Online Access:http://amsdottorato.unibo.it/4415/