Cross-Border Investment Flows in Energy Projects: Is there a case of Inverse Home Country Bias? Evidence from Switzerland
Type
conference paper
Date Issued
2015-09-10
Author(s)
Abstract (De)
International investment literature suggests that investors tend to do business in their home-countries rather than abroad, calling this phenomenon ‘home bias’. Home bias is assumed to be the result of investor-choices rather than institutional constraints. It can, for example, be caused by familiarity of the local investment opportunities. This paper investigates the opposite phenomenon, based on empirical data on Swiss investments in energy projects in Switzerland and abroad.
Language
English
Event Title
10th Energy and Finance Conference
Event Location
London
Event Date
09.-11.09.2015
Subject(s)
Division(s)
Eprints ID
247970