This cross-disciplinary study examines how national culture practice affects cross-country variations in life insurance consumption. To proxy for national culture dimensions, we use the refined measure of the GLOBE project which includes several additional cultural dimensions not included in...

Listed companies in China upon meeting certain requirements can issue two types of shares: A shares and B shares. Local investors in China can only buy and sell A shares, while foreign investors can only trade B shares. We argue that foreign investors may receive news about China faster than...

This paper examines how cultural differences influence the returns of momentum strategies. Cross-country cultural differences are measured with an individualism index developed by <link rid="b32">Hofstede (2001)</link>, which is related to overconfidence and self-attribution bias. We find that individualism is...