search query: @indexterm PORTFOLIO INVESTMENT / total: 425
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| Author: | Bodnaruk, A. |
| Title: | Proximity always matters: Local bias when the set of local companies changes |
| Journal: | Review of finance
2009 : OCT, VOL. 13:4, p. 629-656 |
| Index terms: | portfolio selection portfolio investment investors companies |
| Language: | eng |
| Abstract: | This study analyzes the portfolios of individual investors who have changed their place of residence. As distance from a company investors invest in changes, they adjust their portfolio composition. ... Among the companies that investors held before the move, after moving, investors abnormally increase their ownership in companies closer to their new location. |
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