Do managers time their investment decisions depending on the heterogeneity of the external conditions? To this extent, I propose a simple one-firm closed economy model to introduce, what I coin, investment-timing theory. I explain the model using the extreme rainfall conditions of excess and...

Philosophical underpinning is important in research as this leads to investigation as per a specific paradigm. Every subject domain has a dominant paradigm in which the research is carried out. This paper surveys various journal articles in finance, specifically in financial markets contagion...

We examine whether foreign equity holdings of portfolio investors depend on the level of information accessibility between the investors' home and host countries. Using a comprehensive data set, alternative measures of information accessibility and robust analytical techniques, we show that...

Economic reasoning suggests that financial globalization that encourages optimal international portfolio investments should improve investor protection standards (IPS) of a country. In practice, however, investors manifest varying degrees of suboptimal international portfolio allocations. Using...