Do institutional blockholders influence corporate investment? Evidence from emerging markets
This paper examines the relation between firm investment ratios and institutional blockholder ownership for a sample of 6,300 publicly traded firms of 16 large emerging markets for the 2005-2014 period. Results show that independent, long-term, and local institutional investors boost investment rati...
| Autores Principales: | , , |
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| Formato: | Desconocido (Unknown) |
| Lenguaje: | Inglés (English) |
| Publicado: |
Universidad de los Andes, Facultad de Economía, CEDE
2018
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| Materias: | |
| Acceso en línea: | http://hdl.handle.net/1992/8748 |