We find an overall negative relation between CEO inside debt holdings and the cost of
equity capital. Such a negative relation holds in an instrumental-variable analysis, a test …

We argue a positive association between common ownership and liquidity creation because
common ownership increases risk-absorption capacity through higher profit margins, greater …

ABSTRACT Research Question/Issue The passive investment (PI) trend, characterized by
the increasing inflow of investment funds into PI strategies, has resulted in an increase in the …

This study explores how vertical common ownership reduces supply chain risk and
influences creditors' decisions, focusing on the cost of loans. Findings reveal that creditors …

This research investigates the impact of shared institutional ownership on the accuracy of
analysts' predictions. Drawing from theoretical frameworks, we have formulated and …

Faced with the increasing risk of supply chain disruption, more firms are using mergers and
acquisitions or investments to expand their core business's upstream and downstream …

In this study from 2007 to 2022, we explore the impact of cross-shareholding investors on
the strategic risk-taking of A-share listed companies. The findings highlight that these …

This paper aims, first, to investigate the effect of EPU and institutional ownership
characteristics on capital structure decisions and, second, to examine the role of institutional …

Using data from 2682 publicly listed companies in China between 2012 and 2022, the study
employs panel data regression to investigate the impact of common institutional ownership …

Financial technology (FinTech) is transforming traditional financial services and has a
significant impact on business performance. This study investigates how FinTech affects the …