This paper aims to explore the role of financial literacy, risk preference, and home bias in Minangkabau ethnic SME … developed to determine the impact of financial literacy, risk preference, and home bias on the financing decisions of SMEs. The … techniques with a sample of 623 SMEs. The results reveal that home bias and risk preference have a negative direct effect on …

and 2019, and document a novel and yet unexplained contributor to investors' home bias. We propose a new measure of … historical political instability, regional identity, and the home bias. Our results indicate that a common regional identity is …