Does IFRS Reduce ‘Home Bias’ in Asset Management ?

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Article

Date

2014-03

Journal Title

Anweshan - journal of Department of Commerce

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Dhar, Samirendra Nath

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University of North Bengal

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Ray, H., & Biswas, J. (2014). Does IFRS Reduce ‘Home Bias’ in Asset Management ? Anweshan - Journal of Department of Commerce, 2(1), 73–91. https://ir.nbu.ac.in/handle/123456789/2937

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Ray, Hirak
Biswas, Joydeep

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Abstract

This paper examines the question-does adoption of IFRS reduce the home bias? Even after the proponents and skeptics are at loggerheads over the benefits of adoption of IFRS, this study advocates that the widespread adoption of IFRS (International Financial Reporting Standards) is unlikely to reduce the uncertainty about foreign financial reporting quality, familiarity bias, and geographical proximity bias that act as catalysts towards home bias.

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2

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1

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2321-0370

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73 - 91

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