Beneish, Messod D.; Yohn, Teri Lombardi - In: Journal of Accounting and Public Policy 27 (2008) 6, pp. 433-443
This paper provides a perspective on the effect of IFRS adoption on the tendency of investors to under-invest in foreign equities. We consider explanations for the equity home bias described in prior research and discuss research relevant to the informational consequences of global adoption of...