We study how investor's persistent preference to invest more in the home market — “home bias” — is affecting investor … climate risk. This paper analyzes the carbon exposure and home bias of stock portfolios across a wide range of different … area investors are related to home bias. The bias to invest more in carbon-intensive firms from the domestic and EU …

We investigate the extent to which investors exhibit carbon home bias: disproportionate investment in carbon … relationship between carbon home bias, divestment and disclosure. We show that investors exhibit significant carbon home bias, with … home bias is not driven by differential home-foreign carbon risk premia, but instead suggest investors’ successful …

familiarity bias. The database allows lookthrough handling of investments via mutual funds and the like, and reveals that home … bias is smaller than usually believed. We find that both home bias and foreign bias are positively associated with the … mutual funds, both of which are consistent with information effects rather than familiarity bias. Again consistent with the …

familiarity bias. The database allows lookthrough handling of investments via mutual funds and the like, and reveals that home … bias is smaller than usually believed. We find that both home bias and foreign bias are positively associated with the … mutual funds, both of which are consistent with information effects rather than familiarity bias. Again consistent with the …

-level internationalization and call into question whether investing in domestic stock indices actually leads to home bias. We use three measures … that investors who invest in their domestic market do not necessarily suffer from home bias. Instead, investing in domestic … stock indices more likely prevents investors from a home bias instead of entrapping them to insufficient portfolios …

In this paper, I explore the determinants of foreign bias in international portfolio investment focusing on a … uncertainty avoidance helps to explain foreign bias and that it has an amplifying effect on unfamiliarity and should be accounted …