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Impact of cultural factors on investment strategies

Job, Aurelia
(2015)

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Job_48530900_2015.pdf
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Job_48530900_2015_Annexes.pdf
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Details

Supervisors
Béreau, Sophie
Faculty
Louvain School of Management
Degree label
Master [120] en sciences de gestion
Abstract
This thesis endeavors to establish correlations between cultural factors and the perfomance of a naïve and risk-based investment portfolios by the means of a panel econometric model based on 46 countries. The original hypotheses which mostly regarded Hostede's cultural constructs were rejected; however, very interesting correlations with GLOBE cultural factors still emerged.