Foreign ownership in Australian firms

Anil V. Mishra

doi:10.1016/j.ribaf.2012.09.002

Foreign ownership in Australian firms

Anil V. Mishra

Research output: Contribution to journal › Article › peer-review

9 Citations (Scopus)

Abstract

This paper constructs free float adjusted foreign ownership measure for Australian firms over the period 2001-2009 and explores the determinants of foreign ownership. Foreigners prefer investing in large Australian firms, value firms with high book to market ratios, firms which are listed abroad and firms with domestic cross holdings. Foreign institutions are found to have significant holdings in Australian firms. Results are robust to various econometric estimation techniques.

Original language	English
Pages (from-to)	1-18
Number of pages	18
Journal	Research in International Business and Finance
Volume	28
DOIs	https://doi.org/10.1016/j.ribaf.2012.09.002
Publication status	Published - 2013

Keywords

Australia
business enterprises
investments, Australian
investments, foreign

Access to Document

10.1016/j.ribaf.2012.09.002

Cite this

@article{507b4058920944308450708ee6e30dce,

title = "Foreign ownership in Australian firms",

abstract = "This paper constructs free float adjusted foreign ownership measure for Australian firms over the period 2001-2009 and explores the determinants of foreign ownership. Foreigners prefer investing in large Australian firms, value firms with high book to market ratios, firms which are listed abroad and firms with domestic cross holdings. Foreign institutions are found to have significant holdings in Australian firms. Results are robust to various econometric estimation techniques.",

keywords = "Australia, business enterprises, investments, Australian, investments, foreign",

author = "Mishra, {Anil V.}",

year = "2013",

doi = "10.1016/j.ribaf.2012.09.002",

language = "English",

volume = "28",

pages = "1--18",

journal = "Research in International Business and Finance",

issn = "0275-5319",

publisher = "Elsevier B.V.",

}

TY - JOUR

T1 - Foreign ownership in Australian firms

AU - Mishra, Anil V.

PY - 2013

Y1 - 2013

N2 - This paper constructs free float adjusted foreign ownership measure for Australian firms over the period 2001-2009 and explores the determinants of foreign ownership. Foreigners prefer investing in large Australian firms, value firms with high book to market ratios, firms which are listed abroad and firms with domestic cross holdings. Foreign institutions are found to have significant holdings in Australian firms. Results are robust to various econometric estimation techniques.

AB - This paper constructs free float adjusted foreign ownership measure for Australian firms over the period 2001-2009 and explores the determinants of foreign ownership. Foreigners prefer investing in large Australian firms, value firms with high book to market ratios, firms which are listed abroad and firms with domestic cross holdings. Foreign institutions are found to have significant holdings in Australian firms. Results are robust to various econometric estimation techniques.

KW - Australia

KW - business enterprises

KW - investments, Australian

KW - investments, foreign

UR - http://handle.uws.edu.au:8081/1959.7/516060

U2 - 10.1016/j.ribaf.2012.09.002

DO - 10.1016/j.ribaf.2012.09.002

M3 - Article

SN - 0275-5319

VL - 28

SP - 1

EP - 18

JO - Research in International Business and Finance

JF - Research in International Business and Finance

ER -

Foreign ownership in Australian firms

Abstract

Keywords

Access to Document

Other files and links

Fingerprint

Cite this