create a website

The impact of common institutional ownership on financialization in non-financial enterprise: Exacerbation or inhibition?. (2024). Zheng, Pengju ; Ning, Zihao ; Xu, Zhibo.
In: Finance Research Letters.
RePEc:eee:finlet:v:69:y:2024:i:pb:s1544612324012261.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 32

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Azar, J. ; Schmalz, M.C. ; Tecu, I. Anticompetitive effects of common ownership. 2018 J. Finance. 73 1513-1565

  2. Brooks, C. ; Chen, Z. ; Zeng, Y. Institutional cross-ownership and corporate strategy: The case of mergers and acquisitions. 2018 J. Corp. Finance. 48 187-216

  3. Chen, Y. ; Li, Q. ; Ng, J. ; Wang, C. Corporate financing of investment opportunities in a world of institutional cross-ownership. 2021 J. Corp. Finance. 69 -

  4. Cheng, X. ; Wang, H.H. ; Wang, X. Common institutional ownership and corporate social responsibility. 2022 J. Bank. Financ.. 136 -

  5. Demir, F. Financial liberalization, private investment and portfolio choice: Financialization of real sectors in emerging markets. 2009 J. Dev. Econ. 88 314-324

  6. Gilo, D. ; Moshe, Y. ; Spiegel, Y. Partial cross ownership and tacit collusion. 2006 The Rand J. Econ. 37 81-99

  7. Hadlock, C.J. ; Pierce, J.R. New evidence on measuring financial constraints: Moving beyond the KZ index. 2010 Rev. Financ. Stud.. 23 1909-1940

  8. Hansen, R.G. ; Lott, J.R. Externalities and corporate objectives in a world with diversified shareholder/consumers. 1996 J. Financ. Quant. Anal.. 31 43-68

  9. He, J.J. ; Huang, J. Product market competition in a world of cross-ownership: Evidence from institutional blockholdings. 2017 Rev. Financ. Stud.. 30 2674-2718

  10. He, J.J. ; Huang, J. ; Zhao, S. Internalizing governance externalities: The role of institutional cross-ownership. 2019 J. Financ. Econ.. 134 400-418

  11. Huang, Y. ; Li, S. Female directors, ESG performance and enterprise financialization. 2024 Finance Res. Lett.. 62 -

  12. Kim, J.-B. ; Zhang, L. Financial reporting opacity and expected crash risk: Evidence from implied volatility smirks. 2014 Contemp. Account. Res. 31 851-875

  13. Kini, O. ; Lee, S. ; Shen, M. Common institutional ownership and product market threats. 2023 Manage. Sci.. -
    Paper not yet in RePEc: Add citation now
  14. Koch, A. ; Panayides, M. ; Thomas, S. Common ownership and competition in product markets. 2021 J. Financ. Econ.. 139 109-137

  15. Li, J. ; Liu, L. Common institutional ownership and corporate innovation: Synergy of interests or grabs of interests. 2023 Finance Res. Lett.. 52 -

  16. Li, X. ; Liu, T. ; Taylor, L.A. Common ownership and innovation efficiency. 2023 J. Financial Econ. 147 475-497

  17. Liu, L. ; He, J. Does financialization affect firm’R&D investment? Evidence from China. 2023 Finance Res. Lett.. 58 -

  18. Lyu, Y. ; Zhang, J. ; Qing, X. ; Bai, Y. The influence of non-financial enterprises’ financialization on total factor productivity of enterprises: Promotion or inhibition?. 2023 Int. J. Finance Econ.. -
    Paper not yet in RePEc: Add citation now
  19. Park, J. ; Sani, J. ; Shroff, N. ; White, H. Disclosure incentives when competing firms have common ownership. 2019 J. Account. Econ.. 67 387-415

  20. Ramalingegowda, S. ; Utke, S. ; Yu, Y. Common institutional ownership and earnings management. 2021 Contemp. Account. Res. 38 208-241

  21. Seo, H.J. ; Kim, H.S. ; Kim, Y.C. Financialization and the slowdown in Korean firms’ R&D investment. 2012 Asian Econ. Pap. 11 35-49
    Paper not yet in RePEc: Add citation now
  22. Su, K. ; Liu, H. Financialization of manufacturing companies and corporate innovation: Lessons from an emerging economy. 2021 Manager. Decis Econ. 42 863-875

  23. Sun, D. Can common institutional ownership deter corporate fraud? Evidence from China. 2024 Appl. Econ. Lett.. 1-5
    Paper not yet in RePEc: Add citation now
  24. Wang, S. ; Zhang, X. ; Cebula, R.J. ; Foley, M. Cross-shareholding, managerial capabilities, and strategic risk-taking in enterprises: A game or a win-win?. 2024 Finance Res. Lett.. 62 -

  25. Wang, Z. ; Zhou, S. ; Zhou, Y. ; Yang, H. The impact of ceos’ early-life experience on the financialization of non-financial firms: Evidence from the great Chinese famine. 2024 Int. J. Finance Econ.. 29 1609-1626
    Paper not yet in RePEc: Add citation now
  26. Xie, Z. ; Du, J. ; Wu, Y. Does financialization of non-financial corporations promote the persistence of innovation: evidence from A-share listed manufacturing corporations in China. 2022 Eurasian Bus. Rev. 12 229-250

  27. Yang, B. ; Pu, Y. ; Su, Y. The financialization of Chinese commodity markets. 2020 Finance Res. Lett.. 34 -

  28. Yao, S. ; Guo, X. ; Sensoy, A. ; Goodell, J.W. ; Cheng, F. Collusion or governance? Common ownership and corporate risk-taking. 2024 Corp. Gov: An International Review. 32 645-669
    Paper not yet in RePEc: Add citation now
  29. Zhang, X. ; Zheng, X. Does carbon emission trading policy induce financialization of non-financial firms? Evidence from China. 2024 Energy Econ.. 131 -

  30. Zhao, Y. ; Su, K. Economic policy uncertainty and corporate financialization: Evidence from China. 2022 Int. Rev. Financ. Anal.. 82 -

  31. Zheng, D. ; Lei, L. ; Wang, L. ; Li, X. Inhibiting or promoting: The impact of corporate social responsibility on corporate financialization. 2024 Int. Rev. Econ. Finance. 89 1404-1421

  32. Zhu, S. ; Lu, R. ; Xu, T. ; Wu, W. ; Chen, Y. Can common institutional owners inhibit bad mergers and acquisitions? evidence from China. 2024 Int. Rev. Econ. Finance. 89 246-266

Cocites

Documents in RePEc which have cited the same bibliography

  1. Persistence in corporate networks through boards of directors? A longitudinal study of interlocks in France, Germany, and the United Kingdom. (2022). Allemand, Isabelle ; Thepot, Florence ; Prinz, Enrico ; Brullebaut, Benedicte.
    In: Review of Managerial Science.
    RePEc:spr:rvmgts:v:16:y:2022:i:6:d:10.1007_s11846-021-00490-9.

    Full description at Econpapers || Download paper

  2. Common Institutional Ownership and Earnings Management. (2021). Yu, Yong ; Utke, Steven ; Ramalingegowda, Santhosh.
    In: Contemporary Accounting Research.
    RePEc:wly:coacre:v:38:y:2021:i:1:p:208-241.

    Full description at Econpapers || Download paper

  3. Labor leverage, coordination failures, and aggregate risk. (2021). Bouvard, Matthieu ; de Motta, Adolfo.
    In: TSE Working Papers.
    RePEc:tse:wpaper:125154.

    Full description at Econpapers || Download paper

  4. Identifying Ultimate Beneficial Owners : A Risk-Based Approach to Improving the Transparency of International Financial Flows. (2021). Renneboog, Luc ; Hübner, Georges ; Crama, Yves ; Leruth, Luc ; Hubner, Georges.
    In: Other publications TiSEM.
    RePEc:tiu:tiutis:eb0e5f55-aca6-4db8-a871-f0d22b2b105d.

    Full description at Econpapers || Download paper

  5. Identifying Ultimate Beneficial Owners : A Risk-Based Approach to Improving the Transparency of International Financial Flows. (2021). Renneboog, Luc ; Hübner, Georges ; Crama, Yves ; Leruth, Luc ; Hubner, Georges.
    In: Discussion Paper.
    RePEc:tiu:tiucen:eb0e5f55-aca6-4db8-a871-f0d22b2b105d.

    Full description at Econpapers || Download paper

  6. Institutional cross-ownership, heterogeneous incentives, and negative premium mergers. (2021). Otchere, Isaac ; Oldford, Erin.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:57:y:2021:i:1:d:10.1007_s11156-020-00946-1.

    Full description at Econpapers || Download paper

  7. The 2010 HMGs Ten Years Later: Where Do We Go From Here?. (2021). Salop, Steven C ; Morton, Fiona Scott.
    In: Review of Industrial Organization.
    RePEc:kap:revind:v:58:y:2021:i:1:d:10.1007_s11151-020-09809-4.

    Full description at Econpapers || Download paper

  8. Input price discrimination and non-controlling vertical shareholding. (2021). Lestage, Romain.
    In: Journal of Regulatory Economics.
    RePEc:kap:regeco:v:59:y:2021:i:3:d:10.1007_s11149-021-09431-6.

    Full description at Econpapers || Download paper

  9. Does common ownership really increase firm coordination?. (2021). Lowry, Michelle ; Lewellen, Katharina.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:141:y:2021:i:1:p:322-344.

    Full description at Econpapers || Download paper

  10. Competition, profitability, and discount rates. (2021). Dou, Winston ; Ji, Yan ; Wu, Wei.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:140:y:2021:i:2:p:582-620.

    Full description at Econpapers || Download paper

  11. Common ownership and competition in product markets. (2021). Thomas, Shawn ; Panayides, Marios ; Koch, Andrew.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:139:y:2021:i:1:p:109-137.

    Full description at Econpapers || Download paper

  12. Partial passive ownership holdings and licensing. (2021). Stamatopoulos, Giorgos ; Skartados, Panagiotis ; Petrakis, Emmanuel ; Leonardos, Stefanos.
    In: Economics Letters.
    RePEc:eee:ecolet:v:204:y:2021:i:c:s0165176521001877.

    Full description at Econpapers || Download paper

  13. The dynamics of preemptive and follower investments with overlapping ownership. (2021). Zormpas, Dimitrios ; Ruble, Richard.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:129:y:2021:i:c:s016518892100110x.

    Full description at Econpapers || Download paper

  14. How do passive funds act as active owners? Evidence from mutual fund voting records. (2021). Tang, Yingcong ; Hshieh, Shenje ; Li, Jiasun.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:66:y:2021:i:c:s092911992030136x.

    Full description at Econpapers || Download paper

  15. Testing for Pricing Behavior in the Mortgage Loan Market. (2021). Park, Haerang.
    In: Asian Economic Journal.
    RePEc:bla:asiaec:v:35:y:2021:i:3:p:270-293.

    Full description at Econpapers || Download paper

  16. Rising markups, common ownership, and technological capacities. (2020). Schain, Jan Philip ; Gibbon, Alexandra.
    In: DICE Discussion Papers.
    RePEc:zbw:dicedp:340.

    Full description at Econpapers || Download paper

  17. Market structure, common ownership, and coordinated manager compensation. (2020). Unsorg, Maximiliane ; Stadler, Manfred ; Neus, Werner.
    In: Managerial and Decision Economics.
    RePEc:wly:mgtdec:v:41:y:2020:i:7:p:1262-1268.

    Full description at Econpapers || Download paper

  18. Common Ownership among Private Firms and Privatization Policies. (2020). Matsumura, Toshihiro ; Haraguchi, Junichi.
    In: MPRA Paper.
    RePEc:pra:mprapa:102152.

    Full description at Econpapers || Download paper

  19. Interlocking Directorates and Competition in Banking*. (2020). Sette, Enrico ; Schivardi, Fabiano ; Barone, Guglielmo.
    In: Working Papers LuissLab.
    RePEc:lui:lleewp:20155.

    Full description at Econpapers || Download paper

  20. Financializations conservation and transformation: from Mark I to Mark II. (2020). Rabinovich, Joel ; Durand, Cédric ; Auvray, Tristan ; Rikap, Cecilia.
    In: Working Papers.
    RePEc:hal:wpaper:hal-03079425.

    Full description at Econpapers || Download paper

  21. Financializations conservation and transformation: from Mark I to Mark II. (2020). Rabinovich, Joel ; Durand, Cédric ; Rikap, Cecilia ; Auvray, Tristan.
    In: CEPN Working Papers.
    RePEc:hal:cepnwp:hal-03079425.

    Full description at Econpapers || Download paper

  22. Interlocking Directorates and Competition in Banking. (2020). Sette, Enrico ; Schivardi, Fabiano ; Barone, Guglielmo.
    In: EIEF Working Papers Series.
    RePEc:eie:wpaper:2011.

    Full description at Econpapers || Download paper

  23. Exchanges of innovation resources inside venture capital portfolios. (2020). Gonzalez-Uribe, Juanita.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:100924.

    Full description at Econpapers || Download paper

  24. Whos paying attention? Measuring common ownership and its impact on managerial incentives. (2020). Gormley, Todd A ; Gilje, Erik P ; Levit, Doron.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:137:y:2020:i:1:p:152-178.

    Full description at Econpapers || Download paper

  25. Blockholder voting. (2020). Bar-Isaac, Heski ; Shapiro, Joel.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:136:y:2020:i:3:p:695-717.

    Full description at Econpapers || Download paper

  26. Exchanges of innovation resources inside venture capital portfolios. (2020). Gonzalez-Uribe, Juanita.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:135:y:2020:i:1:p:144-168.

    Full description at Econpapers || Download paper

  27. Institutional investor networks and firm value. (2020). Marinelli, Nicoletta ; Bajo, Emanuele ; Croci, Ettore.
    In: Journal of Business Research.
    RePEc:eee:jbrese:v:112:y:2020:i:c:p:65-80.

    Full description at Econpapers || Download paper

  28. Buffer joint ventures. (2020). Ross, Thomas ; Chen, Zhiqi.
    In: International Journal of Industrial Organization.
    RePEc:eee:indorg:v:73:y:2020:i:c:s0167718720300357.

    Full description at Econpapers || Download paper

  29. Cross-shareholdings and competition in a rent-seeking contest. (2020). Schoonbeek, Lambert ; Heijnen, Pim.
    In: International Journal of Industrial Organization.
    RePEc:eee:indorg:v:71:y:2020:i:c:s0167718720300485.

    Full description at Econpapers || Download paper

  30. Common ownership, market power, and innovation. (2020). Vives, Xavier.
    In: International Journal of Industrial Organization.
    RePEc:eee:indorg:v:70:y:2020:i:c:s0167718719300505.

    Full description at Econpapers || Download paper

  31. Free entry under common ownership. (2020). Sato, Susumu ; Matsumura, Toshihiro.
    In: Economics Letters.
    RePEc:eee:ecolet:v:195:y:2020:i:c:s0165176520303013.

    Full description at Econpapers || Download paper

  32. Should we worry about the decline of the public corporation? A brief survey of the economics and external effects of the stock market. (2020). Tåg, Joacim ; Persson, Lars ; Koptyug, Nikita ; Tg, Joacim.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:51:y:2020:i:c:s1062940818304935.

    Full description at Econpapers || Download paper

  33. Corporate finance, industrial organization, and organizational economics. (2020). Sertsios, Giorgo.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:64:y:2020:i:c:s0929119920301243.

    Full description at Econpapers || Download paper

  34. Large investors’ portfolio composition and firms value. (2020). Sekerci, Naciye ; Ravid, Abraham S.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:61:y:2020:i:c:s0929119918301639.

    Full description at Econpapers || Download paper

  35. Market Definition and Competition Policy Enforcement in the Pharmaceutical Industry. (2020). Siotis, Georges ; Ornaghi, Carmine ; Castanheira, Micael ; de Moura, Micael Castanheira.
    In: Working Papers ECARES.
    RePEc:eca:wpaper:2013/315066.

    Full description at Econpapers || Download paper

  36. Keeping it real or keeping it simple? Ownership concentration measures compared. (2020). Mavruk, Taylan ; Sjogren, Stefan ; Overland, Conny.
    In: European Financial Management.
    RePEc:bla:eufman:v:26:y:2020:i:4:p:958-1005.

    Full description at Econpapers || Download paper

  37. Free Entry under Common Ownership. (2019). Sato, Susumu ; Matsumura, Toshihiro.
    In: MPRA Paper.
    RePEc:pra:mprapa:97525.

    Full description at Econpapers || Download paper

  38. Shareholder Activism Externalities. (2019). Li, Zhan.
    In: MPRA Paper.
    RePEc:pra:mprapa:91635.

    Full description at Econpapers || Download paper

  39. Common Ownership in America: 1980-2017. (2019). Conlon, Christopher ; Backus, Matthew ; Sinkinson, Michael.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:25454.

    Full description at Econpapers || Download paper

  40. The power of sharing: Evidence from institutional investor cross-ownership and corporate innovation. (2019). Gao, XI ; Chan, Kam C ; Shen, Hanxiao.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:63:y:2019:i:c:p:284-296.

    Full description at Econpapers || Download paper

  41. An OLG model of common ownership: Effects on consumption and investments. (2019). Shy, Oz ; Stenbacka, Rune.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:62:y:2019:i:c:s0164070419301983.

    Full description at Econpapers || Download paper

  42. Institutional investor cliques and governance. (2019). Michenaud, Sebastien ; Koch, Andrew ; Crane, Alan D.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:133:y:2019:i:1:p:175-197.

    Full description at Econpapers || Download paper

  43. The effects of financial reporting and disclosure on corporate investment: A review. (2019). Roychowdhury, Sugata ; Verdi, Rodrigo S ; Shroff, Nemit.
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:68:y:2019:i:2:s0165410119300412.

    Full description at Econpapers || Download paper

  44. Disclosure incentives when competing firms have common ownership. (2019). Shroff, Nemit ; Park, Jihwon ; Sani, Jalal ; White, Hal.
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:67:y:2019:i:2:p:387-415.

    Full description at Econpapers || Download paper

  45. Collusive pricing patterns in the US airline industry. (2019). Ciliberto, Federico ; Williams, Jonathan W ; Watkins, Eddie.
    In: International Journal of Industrial Organization.
    RePEc:eee:indorg:v:62:y:2019:i:c:p:136-157.

    Full description at Econpapers || Download paper

  46. Product innovation transfer under passive partial ownership holdings. (2019). Skartados, Panagiotis ; Petrakis, Emmanuel ; Papadopoulos, Konstantinos.
    In: Economics Letters.
    RePEc:eee:ecolet:v:177:y:2019:i:c:p:22-25.

    Full description at Econpapers || Download paper

  47. Can partial horizontal ownership lessen competition more than a monopoly?. (2019). Vasconcelos, Helder ; Ribeiro, Ricardo ; Brito, Duarte.
    In: Economics Letters.
    RePEc:eee:ecolet:v:176:y:2019:i:c:p:90-95.

    Full description at Econpapers || Download paper

  48. Concentration, market power and dynamism in the euro area. (2019). Petroulakis, Filippos ; McAdam, Peter ; Cavalleri, Maria Chiara ; Vansteenkiste, Isabel ; Soares, Ana ; Eliet, Alice.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20192253.

    Full description at Econpapers || Download paper

  49. Macroeconomics and Market Power: Context, Implications, and Open Questions. (2019). Syverson, Chad.
    In: Journal of Economic Perspectives.
    RePEc:aea:jecper:v:33:y:2019:i:3:p:23-43.

    Full description at Econpapers || Download paper

  50. Can Partial Horizontal Ownership Lessen Competition More Than a Monopoly?. (2018). Vasconcelos, Helder ; Ribeiro, Ricardo ; Brito, Duarte.
    In: Working Papers de Economia (Economics Working Papers).
    RePEc:cap:wpaper:022018.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-01 11:16:04 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.