Ray, HirakBiswas, Joydeep2020-05-112020-05-112014-032321-0370https://ir.nbu.ac.in/handle/123456789/2937This 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.enIFRSEconomic network theoryFamiliarity bias, Proximity BiasHome BiasArticle