CHUI, ANDY C.W.; TITMAN, SHERIDAN; WEI, K.C. JOHN - In: Journal of Finance 65 (2010) 1, pp. 361-392
This paper examines how cultural differences influence the returns of momentum strategies. Cross-country cultural differences are measured with an individualism index developed by <link rid="b32">Hofstede (2001)</link>, which is related to overconfidence and self-attribution bias. We find that individualism is...