investors
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Understanding ‘Home Bias’ in the Global Stock Market
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Stock price data for a set of Chinese firms highlight the effects of information asymmetry created by differences in social trust between local and foreign investors.
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Testing Greenspan’s ‘Spare Tire’ Hypothesis: Benefits of Shareholder Protection Laws during Banking Crises
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Firm-level data across 36 countries suggests that shareholder protection laws do mitigate the adverse consequences of banking crises by allowing stock markets to act as an alternative source of financing.
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Regulating Investments in Brazil: Too Much of a Good Thing?
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A Brazilian banking executive talks the business environment and overregulation in this up-and-coming nation.
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The Unlocked Door of the Foreclosure Crisis
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New research takes a second look at the substantial racial gap in the foreclosure crisis