investigates whether international diversification and home bias inertia are substitutes or complements. More specifically, we …, including both emerging and major markets. Results from the MVPO show that a domestic diversification strategy performs better … for any risk level up to 0.5%, whereas international diversification performs better for any risk level higher than 0 …

, we do not observe a similar pattern for country indexes. Thus, cross-industry diversification is superior to cross …-country diversification. The international diversification potential of industries does not vanish during volatile periods. Subsample analyses …

The weak empirical evidence linking diversification and international equity flows calls into question the … diversification paradigm at the international level and the analytical framework it implies. Using a novel measure of diversification … the role that diversification opportunities play in the determination of international equity flows. Using the concept of …

We show how the change to differential voting rights allows dominant shareholders to retain control even after selling … fosters corporate control activity and creates higher takeover premiums that are paid equally to all shareholders …

This paper implements a parsimonious and practical methodology to examine the diversification potential of … international equity portfolios. The analysis shows that the Portfolio Diversification Index (Rudin, A.M., and Morgan, J.S., Journal …

diversification, and holdings of an employer's stock. We find that each of these variables is correlated with sophistication, with …