Results 11 to 20 of about 11,095 (116)
Institutional Investors and ESG Preferences
SSRN Electronic Journal, 2022 ABSTRACTResearch Question/IssueWe examine the effect of multiple environmental, social, and governance (ESG) scores on institutional investor ownership of firms and investor portfolio weightings. We are also the first to analyze the three individual components of ESG rankings to estimate the relative preferences of institutional investors.Research ...
Florencio Lopez‐de‐Silanes +2 more
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Essays on institutional investors [PDF]
, 2017 In this dissertation, I explore the role of delegated asset managers in the financial economy - their role in setting asset prices, their response to incentives, and their ability to deliver abnormal returns. Chapter 1 argues that fund managers' compensation contracts, intended to align their incentives with those of and their clients, may have ...
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Impact of Domestic Institutional Investors on Foreign Institutional Investors in India: An Analysis
Management Dynamics, 2022 Foreign institutional investors (FIIs) play a vital role in the stock market of a country and Indian stock markets are no exception to this. FIIs bring liquidity, buoyancy and growth in stock markets but at the same time they also enhance the level of volatility and instability.
Tanu Jain, Satyendra P. Singh
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Institutional Investors and Corporate Governance
SSRN Electronic Journal, 2020 We provide a comprehensive overview of the role of institutional investors in corporate governance with three main components. First, we establish new stylized facts documenting the evolution and importance of institutional ownership. Second, we provide a detailed characterization of key aspects of the legal and regulatory setting within which ...
Dasgupta, Amil +2 more
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Value relevance of institutional investors [PDF]
Managerial Finance, 2004 In this paper we investigate the influence of institutional investors on share prices using data from companies quoted on the Athens Stock Exchange. For finance theorists the value of an investment, real or financial, is a function of its expected benefits and the riskiness of these benefits.
George Karathanassis +3 more
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Institutional Investors and Equity Prices [PDF]
The Quarterly Journal of Economics, 2001 We analyze institutional investors' preferences for stocks and the implications that these preferences have for stock-market prices and returns. We find that -- a category including all managers with greater than $100 million under discretionary control -- have nearly doubled their share of the common-stock market from 1980 to 1996 most of this ...
Paul A. Gompers, Andrew Metrick
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Investment Risk Taking by Institutional Investors [PDF]
SSRN Electronic Journal, 2011 This paper is the first that formally compares investment risk taking by pensionfunds and insurance firms. Using a unique and extended dataset that covers thevolatile investment period 1995-2009, we find that, in the Netherlands, insurerstake substantially less investment risk than pension funds, even though a marketrisk capital charge for insurers is ...
J. Gorter, J.A. Bikker
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Institutional Investors and Corporate Investment [PDF]
SSRN Electronic Journal, 2009 Using investors’ trading horizons to capture their incentives to collect information and monitor management’s decisions, this paper shows that an increase in the ownership stake held by long-term institutional investors is associated with a subsequent decrease in real investment precisely in firms that invest too much.
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The Institutional Investors [PDF]
, 1991 Free market economies are characterised by a vast range of financial institutions. In the past legal barriers (in the US and Japan for example) or self-imposed constraints (in the UK) led certain financial institutions to confine their activities to particular markets.
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Institutional investor and accounting restatement
Asian Journal of Finance & Accounting, 2004 This paper investigates the role that institutional investors play in the market reaction to accounting restatements. We show that transient institutional investors, defined as institutions with short investment horizons and high portfolio turnover, significantly reduce their holdings in a restating firm at least one quarter prior to the quarter of the
Hribar, Paul +2 more
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