Kho, Bong-Chan; Stulz, Rene M.; Warnock, Francis E. - Federal Reserve Bank of Dallas - 2008
monitor insiders. Foreign portfolio investors will exhibit a large home bias against such countries because their investment … ("the indirect effect").> ; Foreigners can also enter as foreign direct investors; if they are from countries with good … importance of foreign direct investment in total foreign equity investment is negatively related to the quality of governance …