The rapid growth in index funds and significant consolidation in the asset-management
industry over the past few decades has led to higher levels of common ownership and …

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 …

This paper examines whether common ownership–ie, instances where investors
simultaneously own significant stakes in competing firms–affects voluntary disclosure. We …

Using manually collected data of Chinese listed firms during the period 2007–2018, we
provide strong and robust evidence that institutional cross-ownership is negatively …

Based on the objective of portfolio value maximization, this paper focuses on the external
effect of institutional cross-ownership. Empirical results show that institutional cross …

This paper explores the relationship between common institutional ownership and corporate
misconduct. Empirical evidence indicates that common institutional blockholders …

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 …

Abstract Research Question/Issue Relying on enhanced market power and improved
information environment associated with institutional cross‐ownership, this paper examines …

Institutional cross-owners, specifically institutional investors with significant stakes in
multiple firms in the same industry, are becoming increasingly common in the United States …

I find overlapping institutional ownership (OIO) in a customer and supplier increases the
duration of their supply chain relationship. Results are stronger when vertical holdup is more …