Do Locals Know Better? A Comparison of the Performance of Local and Foreign Institutional Investors
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DOI: 10.1016/j.jbankfin.2017.06.002
Abstract: We compare the performance of local versus foreign institutional investors using a comprehensive data set of equity holdings in 32 countries during the 2000–2010 period. We find that foreign institutions perform as well as local… read more here.
Keywords: know better; institutional investors; foreign institutional; performance local ... See more keywords