Culture’s Impact on Institutional strongInvestorsstrong’ Trading Frequency.pdfVIP

Culture’s Impact on Institutional Investors’ Trading Frequency a b c,* Eli Beracha , Mark Fedenia , and Hilla Skiba Abstract This paper examines how cross-cultural differences influence institutional investors’ trading frequency within their own portfolio. We find evidence that as cultural distance between the investors and their stock holdings increases, institutions trade with lower frequency.