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Large shareholder trading and the complexity of corporate investments
16 references·9 citing·41 second hop
Large shareholder trading and the complexity of corporate investments (2011)Large shareholder trading and the complex…The “Wall Street Walk” and Shareholder Activism: Exit as a Form of Voice (2009)The “Wall Street Walk” and Sh…Blockholder Trading, Market Efficiency, and Managerial Myopia (2009)Blockholder Trading, Market E…Institutional Investors and Equity Returns: Are Short-term Institutions Better Informed? (2007)Institutional Investors and E…Shareholder investment horizons and the market for corporate control (2004)Shareholder investment horizo…Do Institutional Investors Prefer Near‐Term Earnings over Long‐Run Value?* (2001)Do Institutional Investors Pr…The Influence of Institutional Investors on Myopic R&D Investment Behavior (1998)The Influence of Institutiona…Large Shareholders as Monitors: Is There a Trade‐Off between Liquidity and Control? (1998)Large Shareholders as Monitor…Large Shareholders, Monitoring, and the Value of the Firm (1997)Large Shareholders, Monitorin…Large Shareholder Activism, Risk Sharing, and Financial Market Equilibrium (1994)Large Shareholder Activism, R…Market Liquidity and Performance Monitoring (1993)Market Liquidity and Performa…Private benefits from control of public corporations (1989)Private benefits from control…Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior (1989)Efficient Capital Markets, In…Takeover Threats and Managerial Myopia (1988)Takeover Threats and Manageri…Large Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Managerial Incentives for Short-Term Results (1985)Managerial Incentives for Sho…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…Short-termism, Managerial Talent, and Firm Value (2020)Short-termism, Managerial Tal…Competition for Flow and Short-Termism in Activism (2020)Competition for Flow and Shor…Market Efficiency and Real Efficiency: The Connect and Disconnect via Feedback Effects (2014)Market Efficiency and Real Ef…Governance and Comovement Under Common Ownership (2014)Governance and Comovement Und…Corporate Governance, Sustainability and Capital Markets Orientation (2014)Corporate Governance, Sustain…Blockholder Short-Term Incentives, Structures, and Governance (2014)Blockholder Short-Term Incent…Blockholders and Corporate Governance (2013)Blockholders and Corporate Go…The Real Effects of Financial Markets (2012)The Real Effects of Financial…The Real Effects of Financial Markets (2012)The Real Effects of Financial…The Capital Structure Puzzle (1984)Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (1996)Earnings management to avoid earnings decreases and losses (1997)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Earnings Management through Real Activities Manipulation (2003)The economic implications of corporate financial reporting (2005)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A Survey of Corporate Governance (1997)The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment (2000)Behind the Scenes: The Corporate Governance Preferences of Institutional Investors (2016)American Economic Review (2019)Ownership structure and voting on antitakeover amendments (1988)The Association between Outside Directors, Institutional Investors and the Properties of Management Earnings Forecasts (2005)Hedge Fund Activism, Corporate Governance, and Firm Performance (2008)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)The Structure of Corporate Ownership: Causes and Consequences (1985)Financial Dependence and Growth (1996)Finance and Growth: Theory and Evidence (2004)How does financial reporting quality relate to investment efficiency? (2009)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Corporate governance in the 2007–2008 financial crisis: Evidence from financial institutions worldwide (2012)Corporate Green Bonds (2018)Market structure, information, futures markets, and price formation. (1984)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Noise Trader Risk in Financial Markets (1990)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)Job Market Signaling (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Dividend Policy under Asymmetric Information (1985)Mergers and the Market for Corporate Control (1965)Law and Finance (1998)Corporate Ownership Around the World (1999)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Socially Responsible Firms (2014)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)Corporate Governance and Equity Prices (2003)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)
this work references cited by second hop

References

  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1998The Influence of Institutional Investors on Myopic R&D Investment Behavior3,013 cited
  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 1993Market Liquidity and Performance Monitoring1,717 cited
  • 1988Takeover Threats and Managerial Myopia1,670 cited
  • 1997Large Shareholders, Monitoring, and the Value of the Firm1,518 cited
  • 1998Large Shareholders as Monitors: Is There a Trade‐Off between Liquidity and Control?1,453 cited
  • 2001Do Institutional Investors Prefer Near‐Term Earnings over Long‐Run Value?*1,280 cited
  • 2004Shareholder investment horizons and the market for corporate control1,271 cited
  • 2009Blockholder Trading, Market Efficiency, and Managerial Myopia1,264 cited
  • 1989Private benefits from control of public corporations1,168 cited
  • 2007Institutional Investors and Equity Returns: Are Short-term Institutions Better Informed?960 cited
  • 2009The “Wall Street Walk” and Shareholder Activism: Exit as a Form of Voice911 cited
  • 1994Large Shareholder Activism, Risk Sharing, and Financial Market Equilibrium

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903 cited
  • 1985Managerial Incentives for Short-Term Results847 cited
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    • 2020Short-termism, Managerial Talent, and Firm Value17 cited
    • 2014Blockholder Short-Term Incentives, Structures, and Governance17 cited
    • 2014Market Efficiency and Real Efficiency: The Connect and Disconnect via Feedback Effects16 cited
    • 2020Competition for Flow and Short-Termism in Activism12 cited
    • 2014Governance and Comovement Under Common Ownership11 cited