Investment in a Smaller World: The Implications of Air Travel for Investors and Firms

References

• Bernstein S, Giroud X, Townsend R (2016) The impact of venture capital monitoring. J. Finance 71(4):1591–1622.Google Scholar
• Chakrabarti A, Mitchell W (2013) The persistent effect of geographic distance in acquisition target selection. Organ. Sci. 24(6):1805–1826.Link, Google Scholar
• Coval J, Moskowitz T (1999) Home bias at home: Local equity preference in domestic portfolios. J. Finance 54(6):2045–2073.Crossref, Google Scholar
• Daniel K, Grinblatt M, Titman S, Wermers R (1997) Measuring mutual fund performance with characteristic-based benchmarks. J. Finance 52(3):1035–1058.Crossref, Google Scholar
• Falkenstein E (1996) Preferences for stock characteristics as revealed by mutual fund portfolio holdings. J. Finance 51(1):111–135.Crossref, Google Scholar
• Giroud X (2013) Proximity and investment: Evidence from plant-level data. Quart. J. Econom. 128(2):861–915.Crossref, Google Scholar
• Hong H, Kubik J, Stein J (2004) Social interaction and stock-market participation. J. Finance 59(1):137–163.Crossref, Google Scholar
• Huberman G (2001) Familiarity breeds investment. Rev. Financial Stud. 14(3):659–680.Crossref, Google Scholar
• Merton R (1987) A simple model of capital market equilibrium with incomplete information. J. Finance 42(3):483–510.Crossref, Google Scholar
• Parise G (2018) Threat of entry and debt maturity: Evidence from airlines. J. Financial Econom. 127(2):226–247.Crossref, Google Scholar
• Pirinsky C, Wang Q (2006) Does corporate headquarters location matter for stock returns? J. Finance 61(4):1991–2005.Crossref, Google Scholar
• Pool V, Stoffman N, Yonker S (2012) No place like home: Familiarity in mutual fund manager portfolio choice. Rev. Financial Stud. 25(8):2563–2599.Crossref, Google Scholar