create a website

Foreign Institutional Ownership and Firm Value: Evidence of “Locust Foreign Capital” in Brazil. (2024). Pestana, Pedro Cesar ; Maganini, Natalia Diniz ; Sheng, Hsia Hua ; Caixe, Daniel Ferreira.
In: Emerging Markets Finance and Trade.
RePEc:mes:emfitr:v:60:y:2024:i:2:p:310-327.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 91

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

    References contributed by 2563334_102352411251540

  1. Aggarwal, R., I. Erel, M. Ferreira, and P. Matos. 2011. Does governance travel around the world? Evidence from institutional investors. Journal of Financial Economics 100 (1):154–81. Ahmed, A. S., and T. Iwasaki. 2021. Foreign ownership, appointment of independent directors, and firm value: Evidence from Japanese firms. Journal of International Accounting, Auditing & Taxation 43:100401.

  2. Alderighi, S. 2017. A note on how to enhance liquidity in emerging markets by levering on trading participants. Economic Bulletin 37 (4):2526–32.

  3. Amihud, Y., and S. Levi. 2022. The effect of stock liquidity on the firm’s investment and production. The Review of Financial Studies 36 (3):1094–147.
    Paper not yet in RePEc: Add citation now
  4. Ammer, J., S. B. Holland, D. C. Smith, and F. E. Warnock. 2006. Look at me now: What attracts U.S. shareholders? Working Paper, Federal Reserve Board of Governors.
    Paper not yet in RePEc: Add citation now
  5. Arellano, M., and O. Bover. 1995. Another look at the instrumental variables estimation of error-components models. Journal of Econometrics 68 (1):29–51.

  6. Arellano, M., and S. Bond. 1991. Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies 58 (2):277–97.

  7. Attig, N., S. El Ghoul, O. Guedhami, and X. Zheng. 2021. Dividends and economic policy uncertainty: International evidence. Journal of Corporate Finance 66:1–28.

  8. Bae, K.-H., R. M. Stulz, and H. Tan. 2008. Do local analysts know more? A cross-country study of the performance of local analysts and foreign analysts. Journal of Financial Economics 88 (3):581–606.

  9. Baik, B., J.-K. Kang, and J.-M. Kim. 2010. Local institutional investors, information asymmetries, and equity returns. Journal of Financial Economics 97 (1):81–106.

  10. Bell, R. G., I. Filatotchev, and A. A. Rasheed. 2012. The liability of foreignness in capital markets: Sources and remedies. Journal of International Business Studies 43 (2):107–22.

  11. Bena, J., M. A. Ferreira, P. Matos, and P. Pires. 2017. Are foreign investors locusts? The long-term effects of foreign institutional ownership. Journal of Financial Economics 126 (1):122–46.

  12. Benoit, B. 2007. German deputy still targets locusts. Financial Times, February 14.
    Paper not yet in RePEc: Add citation now
  13. Blundell, R., and S. Bond. 1998. Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics 87 (1):115–43.

  14. Borensztein, E., and G. Gelos. 2003. A panic-prone pack? The behavior of emerging market mutual funds. IMF Economic Review 50:43–63.

  15. Borochin, P., and J. Yang. 2017. The effects of institutional investor objectives on firm valuation and governance. Journal of Financial Economics 126 (1):171–99.

  16. Brav, A., W. Jiang, F. Partnoy, and R. Thomas. 2008. Hedge fund activism, corporate governance, and firm performance. The Journal of Finance 63 (4):1729–75.

  17. Brennan, M. J., and C. Tamarowski. 2000. Investor relations, liquidity, and stock prices. Journal of Applied Corporate Finance 12 (4):26–37.

  18. Brennan, M., and H. Cao. 1997. International portfolio investment flows. The Journal of Finance 52 (5):1851–80.

  19. Bushee, B. 1998. The influence of institutional investors on myopic R&D investment behavior. The Accounting Review 73 (3):305–33.
    Paper not yet in RePEc: Add citation now
  20. Bushee, B. 2001. Do institutional investors prefer near‐term earnings over long‐run value? Contemporary Accounting Research 18 (2):207–46.
    Paper not yet in RePEc: Add citation now
  21. Caixe, D. F. 2022. Corporate governance and investment sensitivity to policy uncertainty in Brazil. Emerging Markets Review 51:100883.

  22. Caixe, D. F., A. E. G. Kalatzis, and L. R. K. Castro. 2019. Controlling shareholders and investment-risk sensitivity in an emerging economy. Emerging Markets Review 39:133–53.

  23. Carrière-Swallow, Y., and L. F. Céspedes. 2013. The impact of uncertainty shocks in emerging economies. Journal of International Economics 90 (2):316–25.

  24. Cella, C., A. Ellul, and M. Giannetti. 2013. Investors’ horizons and the amplification of market shocks. The Review of Financial Studies 26 (7):1607–48.

  25. Chen, C., L. Chang, and Y. Zhang. 1995. The role of foreign direct investment in China’s post- 1978 economic development. World Development 23 (4):691–703.

  26. Chen, G., M. Firth, D. Gao, and O. Rui. 2006. Ownership structure, corporate governance, and fraud: Evidence from China. Journal of Corporate Finance 12 (3):424–48.

  27. Chen, X., J. Harford, and K. Li. 2007. Monitoring: Which institutions matter? Journal of Financial Economics 86 (2):279–305.

  28. Chen, Y. F., F. L. Lin, and S. Y. Yang. 2015. Does institutional short-termism matter with managerial myopia? Journal of Business Research 68 (4):845–50.

  29. Choe, H., B.-C. Kho, and R. M. Stulz. 2005. Do domestic investors have and edge? The trading experience of foreign investors in Korea. The Review of Financial Studies 18 (3):795–829.

  30. Claessens, S., and B. B. Yurtoglu. 2013. Corporate governance in emerging markets: A survey. Emerging Markets Review 15:1–33.

  31. Claessens, S., S. Djankov, and L. H. P. Lang. 2000. The separation of ownership and control in east Asian corporations. Journal of Financial Economics 58 (1–2):81–112.

  32. Claessens, S., S. Djankov, J. P. H. Fan, and L. H. P. Lang. 2002. Disentangling the incentive and entrenchment effects of large shareholdings. The Journal of Finance 57 (6):2741–71.

  33. Dahlquist, M., and G. Robertsson. 2001. Direct foreign ownership, institutional investors, and firm characteristics. Journal of Financial Economics 59 (3):413–40.
    Paper not yet in RePEc: Add citation now
  34. Davis, E. P., and B. Steil. 2001. Institutional investments. Cambridge, MA: MIT Press.
    Paper not yet in RePEc: Add citation now
  35. Deb, S. G. 2018. Institutional investors and firm characteristics: New evidence from India. Research in International Business and Finance 46:30–42.

  36. Demiralp, I., R. D’Mello, F. P. Schlingemann, and V. Subramaniam. 2011. Are there monitoring benefits to institutional ownership? Evidence from seasoned equity offerings. Journal of Corporate Finance 17 (5):1340–59.

  37. Demsetz, H., and B. Villalonga. 2001. Ownership structure and corporate performance. Journal of Corporate Finance 7 (3):209–33.

  38. Díez-Esteban, J., J. B. Farinha, and C. D. García-Gomez. 2016. The role of institutional investors in propagating the 2007 financial crisis in Southern Europe. Research in International Business and Finance 38:439–54.
    Paper not yet in RePEc: Add citation now
  39. Diniz-Maganini, N., A. A. Rasheed, M. Yaşar, and H. H. Sheng. 2022. Cross-listing and price efficiency: An institutional explanation. Journal of International Business Studies. (In press).
    Paper not yet in RePEc: Add citation now
  40. Doidge, C., G. A. Karolyi, and R. Stulz. 2004. Why are foreign firms listed in the U.S. worth more? Journal of Financial Economics 71 (2):205–38.

  41. Drakos, A. A., and F. V. Bekiris. 2010. Corporate performance, managerial ownership and endogeneity: A simultaneous equations analysis for the Athens stock exchange. Research in International Business and Finance 24 (1):24–38.

  42. Dvořák, T. 2005. Do domestic investors have an information advantage? Evidence from Indonesia. The Journal of Finance 60 (2):817–39.
    Paper not yet in RePEc: Add citation now
  43. Erhemjamts, O., and K. Huang. 2019. Institutional ownership horizon, corporate social responsibility and shareholder value. Journal of Business Research 105:61–79.

  44. Errunza, V. 2001. Foreign portfolio equity investments, financial liberalization, and economic development. Review of International Economics 9 (4):703–26.

  45. Faccio, M., and L. H. P. Lang. 2002. The ultimate ownership of Western European corporations. Journal of Financial Economics 65 (3):365–95.

  46. Ferreira, M. A., and P. Matos. 2008. The colors of investors’ money: The role of institutional investors around the world. Journal of Financial Economics 88 (3):499–533.

  47. Ferreira, M., P. Matos, J. P. Pereira, and P. Pires. 2017. Do locals know better? A comparison of the performance of local and foreign institutional investors. Journal of Banking and Finance 82:151–64.

  48. Flannery, M. J., and K. W. H. Hankins. 2013. Estimating dynamic panel models in corporate finance. Journal of Corporate Finance 19 (1):1–19.

  49. Francis, B. B., I. Hasan, and Y. Zhu. 2021. The impact of political uncertainty on institutional ownership. Journal of Financial Stability 57:100921.

  50. Froot, K. A., D. S. Scharfstein, and J. C. Stein. 1992. Herd on the street: Informational inefficiencies in a market with short-term speculation. The Journal of Finance 47 (4):1461–84.

  51. Frot, E., and J. Santiso. 2013. Political uncertainty and portfolio managers in emerging economies. Review of International Political Economy 20 (1):26–51.

  52. Gaspar, J., M. Massa, and P. Matos. 2005. Shareholder investment horizons and the market for corporate control. Journal of Financial Economics 76 (1):135–65.

  53. Gillan, S., and L. Starks. 2003. Corporate governance, corporate ownership, and the role of institutional investors: A global perspective. Journal of Applied Finance 13 (2):4–22.
    Paper not yet in RePEc: Add citation now
  54. Graves, S., and S. Waddock. 1990. Institutional ownership and control: Implications for long-term corporate strategy. Academy of Management Perspectives 4 (1):75–83.
    Paper not yet in RePEc: Add citation now
  55. Gu, Y., I. Filatotchev, R. Bell, and A. Rasheed. 2017. Liability of foreignness in capital markets: Institutional distance and the cost of debt. Journal of Corporate Finance.
    Paper not yet in RePEc: Add citation now
  56. Harford, J., A. Kecskés, and S. Mansi. 2018. Do long-term investors improve corporate decision making? Journal of Corporate Finance 50:424–52.

  57. Hillier, D., and T. Loncan. 2019. Political uncertainty and stock returns: Evidence from the Brazilian political crisis. Pacific-Basin Finance Journal 54:1–12.

  58. Himmelberg, C. P., R. G. Hubbard, and D. Palia. 1999. Understanding the determinants of managerial ownership and link between ownership and firm performance. Journal of Financial Economics 53 (3):353–84.
    Paper not yet in RePEc: Add citation now
  59. Jensen, M. C., and W. Meckling. 1976. Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics 3 (4):305–60.

  60. Julio, B., and Y. Yook. 2016. Policy uncertainty, irreversibility, and cross-border flows of capital. Journal of International Economics 103:13–26.

  61. Kim, H. E., and V. Singal. 2000. Stock market openings: Experience of emerging economies. The Journal of Business 73 (1):25–66.

  62. Kim, I. J., J. Eppler-Kim, W. S. Kim, and S. J. Byun. 2010. Foreign investors and corporate governance in Korea. Pacific-Basin Finance Journal 18 (4):390–402.
    Paper not yet in RePEc: Add citation now
  63. Kim, I., S. Miller, H. Wan, and B. Wang. 2016. Drivers behind the monitoring effectiveness of global institutional investors: Evidence from earnings management. Journal of Corporate Finance 40:24–46.

  64. La Porta, R., F. Lopes-de-Silanes, A. Shleifer, and R. W. Vishny. 1998. Law and finance. Journal of Political Economy 106 (6):1113–55.
    Paper not yet in RePEc: Add citation now
  65. Lin, Y. R., and X. M. Fu. 2017. Does institutional ownership influence firm performance? Evidence from China. International Review of Economics & Finance 49:17–57.
    Paper not yet in RePEc: Add citation now
  66. Lins, K. V. 2003. Equity ownership and firm value in emerging markets. The Journal of Financial and Quantitative Analysis 38 (1):159–84.

  67. Marcelino, F. 2015. Saída do HSBC mostra redução de bancos estrangeiros. Revista Exame. Artigo publicado em June 12, 2015. Accessed August 30, 2022. https://exame.com/negocios/hsbc-se-une-a-citigroup-no-cemiterio-de-bancos-estrangeiros/.
    Paper not yet in RePEc: Add citation now
  68. Martins, O. S., and E. Paulo. 2014. Information asymmetry in stock trading, economic and financial characteristics and corporate governance in the Brazilian stock market. Accounting and Finance Review 25 (64):33–45.
    Paper not yet in RePEc: Add citation now
  69. McCahery, J. A., Z. Sautner, and L. T. Starks. 2016. Behind the scenes: The corporate governance preferences of institutional investors. The Journal of Finance 71 (6):2905–32.

  70. McConnell, J. J., and H. Servaes. 1990. Additional evidence on equity ownership and corporate value. Journal of Financial Economics 27 (2):595–612.

  71. Oliveira, R., R. Schiozer, and S. Leão. 2012. Atuação do banco estrangeiro no Brasil: Mercado de crédito e de derivativos de 2005 a 2011. Trabalho para discussão 298, Banco Central do Brasil. Accessed August 30, 2022. https://www.bcb.gov.br/pec/wps/port/wps298.pdf.
    Paper not yet in RePEc: Add citation now
  72. Organisation for Economic Co-Operation and Development. 2015. Business and financial outlook. Accessed November 16, 2020. https://www.oecd.org/daf/OECD-Biz-Fin_Highlights-2015.pdf.
    Paper not yet in RePEc: Add citation now
  73. Patel, S. A., A. Balic, and L. Bwakira. 2002. Measuring transparency and disclosure at firm-level in emerging markets. Emerging Markets Review 3 (4):325–37.

  74. Perkins, S. E. 2014. When does prior experience pay? Institutional experience and the multinational corporation. Administrative Science Quarterly 59 (1):145–81.
    Paper not yet in RePEc: Add citation now
  75. Porter, M. E. 1992. Capital disadvantage, America’s failing capital investment system. Harvard Business Review 70 (5):65–82.
    Paper not yet in RePEc: Add citation now
  76. Roberts, M. R., and T. M. Whited. 2013. Endogeneity in empirical corporate finance. In Handbook of the economics of finance, ed. G. M. Constatinides, M. Harris, and R. Stulz, 1–798. Amsterdam: Elsevier.
    Paper not yet in RePEc: Add citation now
  77. Roodman, D. 2009. A note on the theme of too many instruments. Oxford Bulletin of Economic and Statistics 71 (1):135–58.

  78. Rose, C. 2007. Can institutional investors fix the corporate governance problem? Some Danish evidence. Journal of Management & Governance 11 (4):405–28.
    Paper not yet in RePEc: Add citation now
  79. Sakawa, H., and N. Watanabel. 2020. Institutional ownership and firm performance under stakeholder-oriented corporate governance. Sustainability 12 (3):1–21.

  80. Shleifer, A., and R. Vishny. 1986. Large shareholders and corporate control. Journal of Political Economy 94 (3):461–88.

  81. Shleifer, A., and R. Vishny. 1997. A survey of corporate governance. The Journal of Finance 52 (2):737–83.

  82. Stein, J. C. 1989. Efficient capital markets, inefficient firms: A model of myopic corporate behavior. Quarterly Journal of Economics 104 (4):655–70.

  83. Tee, C. M. 2019. Institutional investors’ investment preference and monitoring: Evidence from Malaysia. Managerial Finance 45 (9):1327–46.

  84. Thanatawee, Y. 2014. Institutional ownership and firm value in Thailand. Asian Journal of Business and Accounting 7 (2):1–22.
    Paper not yet in RePEc: Add citation now
  85. The Economist. 2007. Dial L for locust, June 14. https://www.economist.com/business/2007/06/14/dial-l-for-locust.
    Paper not yet in RePEc: Add citation now
  86. Umutlu, M., L. Akdeniz, and A. Altay-Salih. 2010. The degree of financial liberalization and aggregated stock-return volatility in emerging markets. Journal of Banking and Finance 34 (3):509–21.

  87. Vu, D. H., K. M. Muttaqi, and A. P. Agalgaonkar. 2015. A variance inflation factor and backward elimination based robust regression model for forecasting monthly electricity demand using climatic variables. Applied Energy 140:385–94.

  88. Wang, J. 2007. Foreign equity trading and emerging market volatility: Evidence from Indonesia and Thailand. Journal of Development Economics 84 (2):798–811.

  89. Windmeijer, F. 2005. A finite sample correction for the variance of linear efficient two-step GMM estimators. Journal of Econometrics 126 (1):25–51.

  90. Wintoki, M. B., J. S. Linck, and J. M. Netter. 2012. Endogeneity and the dynamics of internal corporate governance. Journal of Financial Economics 105 (3):581–606.

  91. Zaheer, S. 1995. Overcoming the liability of foreignness. Academy of Management Journal 38 (2):341–63.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Foreign investors and stock price crash risk: Evidence from China. (2020). Huang, Zhi-Xiong ; Tang, QI.
    In: Economic Analysis and Policy.
    RePEc:eee:ecanpo:v:68:y:2020:i:c:p:210-223.

    Full description at Econpapers || Download paper

  2. Changes in Corporate Governance and Top Executive Turnover: The Evidence from Japan. (2017). Saito, Takuji ; Ogawa, Ryo ; Miyajima, Hideaki.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:23812.

    Full description at Econpapers || Download paper

  3. Leverage, Bank Employee Compensation and Institutions. (2016). Uras, Burak ; Bertay, Ata.
    In: Discussion Paper.
    RePEc:tiu:tiucen:7a3a275f-818c-40c7-9658-4a2923b1f935.

    Full description at Econpapers || Download paper

  4. Passive investors, not passive owners. (2016). Gormley, Todd A ; Appel, Ian R ; Keim, Donald B.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:121:y:2016:i:1:p:111-141.

    Full description at Econpapers || Download paper

  5. Corporate governance’ impact on research and development. (2016). Chu, Wai-Kwong ; Yang, Sheng-Yung.
    In: Journal of Business Research.
    RePEc:eee:jbrese:v:69:y:2016:i:6:p:2239-2243.

    Full description at Econpapers || Download paper

  6. Institutional stock ownership and firms’ cash dividend policies: Evidence from China. (2016). Zhang, Yuanyuan ; Firth, Michael ; Gao, Jin ; Shen, Jianghua.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:65:y:2016:i:c:p:91-107.

    Full description at Econpapers || Download paper

  7. Institutional investor heterogeneity and firm valuation: Evidence from Latin America. (2016). Pombo, Carlos ; De-La, Maria Camila.
    In: Emerging Markets Review.
    RePEc:eee:ememar:v:26:y:2016:i:c:p:197-221.

    Full description at Econpapers || Download paper

  8. The effects of corporate acquisitions on CEO compensation and CEO turnover of family firms. (2016). Ozkan, Neslihan ; Gonenc, Halit ; de Cesari, Amedeo.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:38:y:2016:i:c:p:294-317.

    Full description at Econpapers || Download paper

  9. Institutional Investors and Corporate Political Activism. (2016). Lei, Zicheng ; Albuquerque, Rui ; Rocholl, Jorg ; Zhang, Chendi.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:11301.

    Full description at Econpapers || Download paper

  10. Agency Conflicts Around the World. (2016). Schuerhoff, Norman ; Schurhoff, Norman ; Morellec, Erwan ; Nikolov, Boris.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:11243.

    Full description at Econpapers || Download paper

  11. Ownership Structure and Corporate Governance: Has an Increase in Institutional Investors f Ownership Improved Business Performance?. (2015). Hoda, Takaaki ; Miyajima, Hideaki.
    In: Public Policy Review.
    RePEc:mof:journl:ppr029a.

    Full description at Econpapers || Download paper

  12. The Effects of Women on Corporate Boards on Firm Value, Financial Performance, and Ethical and Social Compliance. (2015). Sobral, Marcia ; Isidro, Helena.
    In: Journal of Business Ethics.
    RePEc:kap:jbuset:v:132:y:2015:i:1:p:1-19.

    Full description at Econpapers || Download paper

  13. Board Reforms and Firm Value: Worldwide Evidence. (2015). Li, XI ; Hung, Mingyi ; Fauver, Larry ; Taboada, Alvaro .
    In: HKUST IEMS Working Paper Series.
    RePEc:hku:wpaper:201520.

    Full description at Econpapers || Download paper

  14. Firm, market and top management antecedents of speculation: Lessons for corporate governance. (2015). Zeidan, Rodrigo ; Mullner, Jakob.
    In: Journal of Multinational Financial Management.
    RePEc:eee:mulfin:v:32-33:y:2015:i::p:42-58.

    Full description at Econpapers || Download paper

  15. The role of internal and external certification mechanisms in seasoned equity offerings. (2015). Tourani-Rad, Alireza ; Lau, Sie Ting ; Krishnamurti, Chandrasekhar ; Yang, Ting ; Koerniadi, Hardjo.
    In: Journal of Multinational Financial Management.
    RePEc:eee:mulfin:v:30:y:2015:i:c:p:110-127.

    Full description at Econpapers || Download paper

  16. When firms talk, do investors listen? The role of trust in stock market reactions to corporate earnings announcements. (2015). Xin, Xiangang ; Pevzner, Mikhail ; Xie, Fei.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:117:y:2015:i:1:p:190-223.

    Full description at Econpapers || Download paper

  17. Corporate governance and performance of financial institutions. (2015). Gao, Lei ; Zagorchev, Andrey.
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:82:y:2015:i:c:p:17-41.

    Full description at Econpapers || Download paper

  18. Executive incentives and payout policy: Empirical evidence from Europe. (2015). Ozkan, Neslihan ; de Cesari, Amedeo.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:55:y:2015:i:c:p:70-91.

    Full description at Econpapers || Download paper

  19. International returnees as outside directors: A catalyst for strategic adaptation under institutional pressure. (2015). Roberts, Michael J. D., ; Lee, Ji-Hwan.
    In: International Business Review.
    RePEc:eee:iburev:v:24:y:2015:i:4:p:594-604.

    Full description at Econpapers || Download paper

  20. The social, environmental and ethical performance of Chinese companies: Evidence from the Shanghai Stock Exchange. (2015). Meng, Qingwei ; Farag, Hisham ; Mallin, Chris.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:42:y:2015:i:c:p:53-63.

    Full description at Econpapers || Download paper

  21. Foreign institutional investors and corporate governance in emerging markets: Evidence of a split-share structure reform in China. (2015). Huang, Wei ; Zhu, Tao.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:32:y:2015:i:c:p:312-326.

    Full description at Econpapers || Download paper

  22. Board independence and firm performance in China. (2015). Wei, Zuobao ; Liu, YU ; Yang, Tina ; Miletkov, Mihail K..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:30:y:2015:i:c:p:223-244.

    Full description at Econpapers || Download paper

  23. The Effects of Corporate Governance and Product Market Competition on Analysts Forecasts: Evidence from the Brazilian Capital Market. (2015). Feres, Jose Elias ; Dalmacio, Flavia Zoboli.
    In: The International Journal of Accounting.
    RePEc:eee:accoun:v:50:y:2015:i:3:p:316-339.

    Full description at Econpapers || Download paper

  24. Institutional Investors and Corporate Political Activism. (2015). Lei, Zicheng ; Albuquerque, Rui ; Rocholl, Jorg ; Zhang, Chendi.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10916.

    Full description at Econpapers || Download paper

  25. The Diffusion of Corporate Governance to Emerging Markets: Evaluating Two Dimensions of Investor Heterogeneity. (2014). Wei, Shang-Jin ; Sung, Taeyoon ; Kim, Woochan.
    In: MPRA Paper.
    RePEc:pra:mprapa:56485.

    Full description at Econpapers || Download paper

  26. Do foreign investors improve informational efficiency of stock prices? Evidence from Japan. (2014). Shen, Jianfeng.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:27:y:2014:i:c:p:32-48.

    Full description at Econpapers || Download paper

  27. International portfolio choice and political instability risk: A multi-objective approach. (2014). Smimou, K..
    In: European Journal of Operational Research.
    RePEc:eee:ejores:v:234:y:2014:i:2:p:546-560.

    Full description at Econpapers || Download paper

  28. Institutional investors, political connections and analyst following in Malaysia. (2014). Verhoeven, Peter ; How, Janice ; Abdul Wahab, Effiezal Aswadi, .
    In: Economic Modelling.
    RePEc:eee:ecmode:v:43:y:2014:i:c:p:158-167.

    Full description at Econpapers || Download paper

  29. What is the Relation (if any) Between a Firms Corporate Governance Arrangements and its Financial Performance?. (2014). Dam, Lammertjan ; Wansbeek, Tom J. ; Wessels, Roberto E..
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_4599.

    Full description at Econpapers || Download paper

  30. International Corporate Governance Spillovers: Evidence from Cross-Border Mergers and Acquisitions. (2013). Brandao Marques, Luis ; Albuquerque, Rui ; Matos, Pedro ; Ferreira, Miguel A ; Brandao-Marques, Luis.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2013/234.

    Full description at Econpapers || Download paper

  31. Foreign Investors as Change Agents: The Swedish Firm Experience. (2013). Palmberg, Johanna ; Lee, Wayne Y. ; Fogel, Kathy S..
    In: Working Paper Series in Economics and Institutions of Innovation.
    RePEc:hhs:cesisp:0311.

    Full description at Econpapers || Download paper

  32. Say on pay laws, executive compensation, CEO pay slice, and firm value around the world. (2013). Lel, Ugur ; Correa, Ricardo.
    In: International Finance Discussion Papers.
    RePEc:fip:fedgif:1084.

    Full description at Econpapers || Download paper

  33. Rights offerings, trading, and regulation: a global perspective. (2013). Vermaelen, Theo ; Xu, Moqi ; Massa, Massimo.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:55403.

    Full description at Econpapers || Download paper

  34. Are foreign investors really beneficial? Evidence from South Korea. (2013). Kim, Won Yong ; Garner, Jacqueline L..
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:25:y:2013:i:c:p:62-84.

    Full description at Econpapers || Download paper

  35. The U.S. left behind? Financial globalization and the rise of IPOs outside the U.S.. (2013). Stulz, René ; Karolyi, G. ; Doidge, Craig.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:110:y:2013:i:3:p:546-573.

    Full description at Econpapers || Download paper

  36. Insiders’ incentives for asymmetric disclosure and firm-specific information flows. (2013). Jiang, LI ; Pang, Lei ; Kim, Jeong-Bon.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:9:p:3562-3576.

    Full description at Econpapers || Download paper

  37. Institutional investor stability and crash risk: Monitoring versus short-termism?. (2013). Fang, Xiaohua ; Callen, Jeffrey L..
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:8:p:3047-3063.

    Full description at Econpapers || Download paper

  38. The role of institutional investors in public-to-private transactions. (2013). BIGELLI, MARCO ; Barbi, Massimiliano ; Bajo, Emanuele ; Hillier, David.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:11:p:4327-4336.

    Full description at Econpapers || Download paper

  39. Financial Liberalization, Foreign Ownership and Corporate Operational Efficiency: The Case of Taiwan Market. (2013). Lee, Tung-Hao ; Huang, Jiun-Kai .
    In: Review of Economics & Finance.
    RePEc:bap:journl:130303.

    Full description at Econpapers || Download paper

  40. The impact of foreign investors on the risk-taking of Japanese firms. (2012). Nguyen, Pascal.
    In: MPRA Paper.
    RePEc:pra:mprapa:38991.

    Full description at Econpapers || Download paper

  41. Does Competition Matter for Corporate Governance? The Role of Country Characteristics. (2012). Valery, Pascale ; Cosset, Jean-Claude ; Some, Hyacinthe Y..
    In: Cahiers de recherche.
    RePEc:lvl:lacicr:1238.

    Full description at Econpapers || Download paper

  42. Capital structure and corporate governance quality: Evidence from the Institutional Shareholder Services (ISS). (2012). Kim, Young ; Jiraporn, Pornsit ; Kitsabunnarat, Pattanaporn.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:22:y:2012:i:1:p:208-221.

    Full description at Econpapers || Download paper

  43. The impact of foreign investors on the risk-taking of Japanese firms. (2012). Nguyen, Pascal.
    In: Journal of the Japanese and International Economies.
    RePEc:eee:jjieco:v:26:y:2012:i:2:p:233-248.

    Full description at Econpapers || Download paper

  44. CEO compensation, family control, and institutional investors in Continental Europe. (2012). Ozkan, Neslihan ; Gonenc, Halit ; Croci, Ettore.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:36:y:2012:i:12:p:3318-3335.

    Full description at Econpapers || Download paper

  45. Government ownership and corporate governance: Evidence from the EU. (2012). Brockman, Paul ; Salas, Jesus M. ; Borisova, Ginka ; Zagorchev, Andrey.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:36:y:2012:i:11:p:2917-2934.

    Full description at Econpapers || Download paper

  46. Financial reporting opacity and informed trading by international institutional investors. (2012). Maffett, Mark.
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:54:y:2012:i:2:p:201-220.

    Full description at Econpapers || Download paper

  47. Voting with their feet or activism? Institutional investors’ impact on CEO turnover. (2012). Intintoli, Vincent J. ; Helwege, Jean ; Zhang, Andrew.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:18:y:2012:i:1:p:22-37.

    Full description at Econpapers || Download paper

  48. Why Did U.S. Banks Invest in Highly-Rated Securitization Tranches?. (2011). Stulz, René ; Nadauld, Taylor D. ; Erel, Isil.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:17269.

    Full description at Econpapers || Download paper

  49. The prudential effect of strategic institutional ownership on stock performance. (2011). Clark, Ephraim ; Belghitar, Yacine ; Kassimatis, Konstantino.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:20:y:2011:i:4:p:191-199.

    Full description at Econpapers || Download paper

  50. Why Did U.S. Banks Invest in Highly-Rated Securitization Tranches?. (2011). Stulz, René ; Nadauld, Taylor ; Erel, Isil.
    In: Working Paper Series.
    RePEc:ecl:ohidic:2011-16.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-30 08:43:11 || 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.