Research on the Characteristics, Development and Decline of Home Bias

DOI

10.2991/aebmr.k.220307.252How to use a DOI?

Keywords

Home Bias; Globalization; Accounting Standards

Abstract

This article focuses on studying home bias so that individuals and companies can better reduce home bias, thereby reducing their portfolio risk or improving portfolio returns. The characteristics of companies and individuals, the impact of globalization on the home bias, and whether the use of more general accounting standards can help reduce home bias will be discussed. Through research and comparison, with the development of the times, globalization has indeed reduced home bias to a large extent. However, because of some unchangeable facts, such as the existence of exchange rates, a home bias cannot be eliminated, but it can be used more universally accounting standards to avoid. Perhaps in the future, as the degree of globalization further deepens, and the degree of countries with serious home bias is reduced. Home bias can also be further reduced to increase investor returns while reducing risks.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Haimo Liu
PY  - 2022
DA  - 2022/03/26
TI  - Research on the Characteristics, Development and Decline of Home Bias
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1543
EP  - 1546
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.252
DO  - 10.2991/aebmr.k.220307.252
ID  - Liu2022
ER  -