Zalewska, Anna - Centre for Market and Public Organisation (CMPO), … - 2005
’ investment decisions. In particular, they have a tendency to enforce home bias in investment behaviour. This paper provides a non …-technical introduction to home bias and its role in stock market development, and uses the Polish experience as a case study. It discusses … underdeveloped equity markets, and highlights the problems the Polish pension funds face as a result of the “enforced” home bias …