A Edmans, CG Holderness - The handbook of the economics of corporate …, 2017 - Elsevier
This paper reviews the theoretical and empirical literature on the role of blockholders (large shareholders) in corporate governance. We start with the underlying property rights of public …
Rapidly growing numbers of empirical papers assessing the financial effects of COVID-19 pandemic triggered an urgent need for a study summarising the existing knowledge of …
R Dai, H Liang, L Ng - Journal of Financial Economics, 2021 - Elsevier
Corporate customers are an important stakeholder in global supply chains. We employ several unique international databases to test whether socially responsible corporate …
We present a mechanism based on managerial incentives through which common ownership affects product market outcomes. Firm-level variation in common ownership …
This study examines the relation between earnings management and block ownership of same‐industry peer firms by a common set of institutional investors (common institutional …
A Edmans - Annu. Rev. Financ. Econ., 2014 - annualreviews.org
This paper reviews the theoretical and empirical literature on the channels through which blockholders (large shareholders) engage in corporate governance. In classical models …
MC Schmalz - Annual Review of Financial Economics, 2018 - annualreviews.org
The question of whether and how partial common-ownership links between strategically interacting firms affect firm objectives and behavior has been the subject of theoretical …
Due to their low trading costs, exchange‐traded funds (ETFs) are a potential catalyst for short‐horizon liquidity traders. The liquidity shocks can propagate to the underlying …
D Lou - The Review of Financial Studies, 2012 - academic.oup.com
I propose and test a capital-flow-based explanation for some well-known empirical regularities concerning return predictability—the persistence of mutual fund performance …