Equity is cheap for large financial institutions

P Gandhi, H Lustig, A Plazzi - The Review of Financial Studies, 2020 - academic.oup.com
Across a wide panel of countries, the top-10% of financial stocks on average account for
over 20% of a country's market capitalization but earn on average significantly lower returns …

Equity Is Cheap for Large Financial Institutions

P Gandhi, HN Lustig, A Plazzi - Swiss Finance Institute Research …, 2019 - papers.ssrn.com
In most countries, equity is a cheap source of funding for a country's largest financial
institutions. On average, the stocks of the top 10% financial companies in a country account …

Equity Is Cheap for Large Financial Institutions

P Gandhi, H Lustig, A Plazzi - The Review of Financial Studies, 2020 - academic.oup.com
Across a wide panel of countries, the top-10% of financial stocks on average account for
over 20% of a country's market capitalization but earn on average significantly lower returns …

Equity Is Cheap for Large Financial Institutions

P Gandhi, H Lustig, A Plazzi - Review of Financial Studies, 2020 - ideas.repec.org
Across a wide panel of countries, the top-10% of financial stocks on average account for
over 20% of a country's market capitalization but earn on average significantly lower returns …

[PDF][PDF] Equity is Cheap for Large Financial Institutions

P Gandhi, H Lustig, A Plazzi - pdfs.semanticscholar.org
Source: Thomson Reuters Datastream Cross-section: 31 countries in MSCI Developed or
Emerging markets index Time-series: 1st year when number of firms exceeds 40, at least 3 …

Equity Is Cheap for Large Financial Institutions

P Gandhi, H Lustig, A Plazzi - Review of Financial Studies, 2020 - econpapers.repec.org
Across a wide panel of countries, the top-10% of financial stocks on average account for
over 20% of a country's market capitalization but earn on average significantly lower returns …

Equity is cheap for large financial institutions

P Gandhi, H Lustig, A Plazzi - Review of Financial Studies, 2020 - researchwithrutgers.com
Across a wide panel of countries, the top-10% of financial stocks on average account for
over 20% of a country's market capitalization but earn on average significantly lower returns …

Equity Is Cheap for Large Financial Institutions

P Gandhi, H Lustig, A Plazzi - The Review of Financial Studies, 2020 - JSTOR
Across a wide panel of countries, the top-10% of financial stocks on average account for
over 20% of a country's market capitalization but earn on average significantly lower returns …

Equity Is Cheap for Large Financial Institutions.

P Gandhi, H Lustig, A Plazzi - Review of Financial Studies, 2020 - search.ebscohost.com
Across a wide panel of countries, the top-10% of financial stocks on average account for
over 20% of a country's market capitalization but earn on average significantly lower returns …