Do institutional investors unbind firm financial constraints? Evidence from emerging markets

Using firm-level information for 11 large emerging economies for the 2003-2014 period, this article analyses the impact of firm investment ratio depending on the presence of institutional ownership and the effects of institutional investor heterogeneity on firm financial constraints. Results show th...

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Detalles Bibliográficos
Autores Principales: Alvarez, Roberto, Jara Bertín, Mauricio, Pombo Vejarano, Carlos
Formato: Desconocido (Unknown)
Lenguaje:Inglés (English)
Publicado: Universidad de los Andes, Facultad de Economía, CEDE 2018
Acceso en línea: