English, Article edition: A global network of stock markets and home bias puzzle Masaru Konishi

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Bookmark: http://trove.nla.gov.au/version/50765
Physical Description
  • article
Language
  • English

Edition details

Title
  • A global network of stock markets and home bias puzzle
Author
  • Masaru Konishi
Physical Description
  • article
Notes
  • This article shows empirically that Nasdaq's termination of Japanese operation adversely affected the shareholder wealth of companies listed on the Nasdaq Japan stock market. The evidence suggests that integration of world stock markets as envisioned by Nasdaq could have facilitated foreigners' investment in domestic stocks, thereby reducing the home bias.
  • RePEc:taf:apfelt:v:3:y:2007:i:3:p:197-199
Language
  • English
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