..., the paper investigates the bank concentration effects on UK foreign direct investing firms that are uniquely classified; based on distinctive dimension of financial frictions in capital market. Estimated results ascertain that information‐based hypothesis is pertinent to the UK capital market. © Emerald...

...Jacques A. Schnabel Purpose The purpose of this paper is to develop a model of international capital market equilibrium where investors exhibit home‐country bias due to their desire to hedge real consumption. Design/methodology/approach This paper posits a two‐stage process of portfolio choice...

... Financial risk Credit Capital markets Regulation Stock markets Today, we are continuing to build on that essential premise: that investors have a right to know the truth – and the risks – about the securities that trade in our public markets. Never in this agency's history has this fundamental...