Do institutional blockholders influence corporate investment? Evidence from emerging markets

This paper examines the relationship between firm investment ratios and institutional blockholders for a sample of 6300 publicly traded firms in 16 large emerging markets for the 2004¿2016 period. Results show that independent, long-term, and local institutional investors boost investment ratios, an...

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Detalles Bibliográficos
Autores Principales: Alvarez, R., Jara, M., Pombo, C.
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2020
Materias:
Acceso en línea:http://hdl.handle.net/1992/47074