Transnational Equity Analysis

Against the background of the internationalisation of stock markets, Transnational Equity Analysispresents a detailed examination of overseas investment decision-making by institutional investors.

The book contains a thorough review of prior research into the analysis of domestic and overseas equities, placing particular emphasis on international differences in accounting and financial reporting regimes. It describes the unique problems faced by investors when appraising foreign equities and presents the results of an empirical study of UK fund managers and investment analysts. The study investigates the information sources and analysis techniques used by institutional investors in domestic and transnational equity decisions. It also assesses the extent to which the decisions of fund managers and analysts are affected by international accounting differences and examines opinions on the international harmonisation of accounting standards.

Transnational Equity Analysis will be of interest to investment professionals and to undergraduate and postgraduate students of international financial analysis.