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This study extends Gray's (1988) framework on national culture, addressing its impact on international banking disclosures and returns. It identifies individualism as key for banking disclosures and collectivism and power distance for returns, highlighting the importance of legal frameworks and investor protection in enhancing model effectiveness.
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Banking Models: International Disclosures and Stock Returns, George Hooi
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- Released
- 2008
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- (Paperback)
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