Behavioural finance : corporate governance and home bias effect - a study of 5 Asian countries.

• Main Authors: Sim, Hui Bain., Chia, Wilfred Yong Yue., Heng, Kee Ming.
• Other Authors: Sawicki, Julia
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Corporate finance
• Online Access: http://hdl.handle.net/10356/10426
• Institution: Nanyang Technological University

In our paper, we show that there is a close relation between corporate governance, particularly in the area of share-holder ownership concentration, and the portfolios held by foreign (non-U.S.) and U.S. investors. We establish that shares held by large controlling stakeholders are in controlling bl...