The Impact of Cultural Values and Bounded Rationality on Investment Decisions : Examining the Link between Dimensions of Project GLOBE and Home Bias

Lingua: tedesco

Editore: GRIN Verlag, 2012

3656155232 / 9783656155232

Da: AHA-BUCH GmbH, Einbeck, GermaniaAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - Masterarbeit aus dem Jahr 2011 im Fachbereich BWL - Investition und Finanzierung, Note: -, Rijksuniversiteit Groningen (University of Groningen - Newcastle University), Sprache: Deutsch, Abstract: This thesis investigates cultural and cognitive behavioural determinants of Home Bias throughindividual and macro level regressions. Cultural dimensions of Project GLOBE provide the basisfor the development of a relational model and the hypotheses. Through theorising this link, thisthesis shows that culture has an influence specifically on investment choices, but in a widersense on all economic choices humans undertake. The knowledge of those influences helpsbusiness managers in conducting international business by analysing local demand moreaccurately and gaining competitive advantages through knowledge. Although research has beenconducted in this field, no approach on culture and Home Bias has aimed at incorporating allGLOBE dimensions in one model or analysed Home Bias outside of fund levels and examined theindividual level. This thesis fills the gap in the literature and thereby contributes to crossculturalresearch. The analysis finds that on an individual level, power distance is the onlysignificant cultural determinant of Home Bias. The macro levels yields assertiveness,performance orientation and gender egalitarianism as significant results, depending on theregression model. The significance of the findings is low and inconsistent in dimensions, whichcalls for better quantification models of cultural value traits in regard to economic decisions.

Codice articolo 9783656155232

Titolo
The Impact of Cultural Values and Bounded Rationality on Investment Decisions : Examining the Link between Dimensions of Project GLOBE and Home Bias
Autore
Philipp Heilmann
Editore
GRIN Verlag
Anno di pubblicazione
2012
Condizione
Neu
Rilegatura
Taschenbuch
Lingua
tedesco
ISBN 10
3656155232
ISBN 13
9783656155232
Peso dell'articolo
129 grammi
Dimensioni
210x148x6 mm

AHA-BUCH GmbH

Einbeck, Germania

Venditore con 5 stelle

Venditore AbeBooks dal 14 agosto 2006

Tariffe di spedizione da Germania a U.S.A.

ArticoloDa 30 a 40 giorni lavorativiDa 7 a 14 giorni lavorativi
Primo articoloEUR 60,65EUR 70,65
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