International Diversification (Another reasons for overseas investment…
Effectiveness of diversification in reducing risk?
Amount of shares for reasonable diversification?
Another reasons for overseas investment
Specific Firm and Industry Opportunity
Growth in international capital flows and market integration raised the general level of correlation
Correlation increase in periods of high market volatility?
Why correlation and volatility increase over time?
You and Daigler (2010)
Relation between correlation and SD in international deviation
Christopher et al. (2011)
Culture factors of institutional investors' home countries explain home bias?
Measure of Home Bias
Britain - Low Home Bias, more masculinity and long-term orientation while relatively less individualism