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Author:Palacios-Huerta, I.
Title:The human capital of stockholders and the international diversification puzzle
Journal:Journal of International Economics
2001 : AUG, VOL. 54:2, p. 309-331
Index terms:Human capital
Human resource management
Stock returns
Freeterms:International diversification
Discount factros
Language:eng
Abstract:This paper evaluates the extent of the international diversification puzzle when human capital is considered part of the wealth of nations. The results suggest that the information contained in the human capital of stockholders can greatly contribure towards explaining the international diversification puzzle.
SCIMA record nr: 225172
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