Our review of acquisition research from the 2008 to 2018 period shows that a large and
quickly growing portion of this work has focused on the behavioral aspects of acquisitions …

We examine the extent to which institutional investors herd in the US corporate bond market
and the price impact of their herding behavior. We find that the level of institutional herding …

This paper extends the work of Balachandran and Faff (2015) and reviews the literature on
effective governance, financial markets, institutions, and crises. Specifically, we discuss the …

We present the first comprehensive study of mutual fund voting in proxy contests. Among
contests where voting takes place, passive funds are 10 percentage points less likely than …

This paper studies how the conflict of interest between shareholders and creditors affects
corporate payout policy. Using mergers between lenders and equity holders of the same firm …

We show that the presence of dual holders following the mergers between institutional
shareholders and creditors of industry firms leads to a decrease in the firms' excessive …

We review historical and current research on mergers and acquisitions. The literature is
extensive. After a discussion of earlier survey articles (our “survey of the surveys”), we …

This paper shows evidence of a positive relationship between institutional dual holders, who
hold both equity and debt in a firm, and voluntary greenhouse gas (GHG) emission …

Many papers in the mutual fund literature rely on a sample that matches the Center for
Research in Security Prices (CRSP) mutual fund database with the fund holdings data from …

This paper analyzes the impact of shareholder-creditor conflicts on corporate risk-taking.
Specifically, I examine the role played by institutional dual-holders (ie, those simultaneously …