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More Risk, More Information: How Passive Ownership Can Improve Informational Efficiency
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More Risk, More Information: How Passive Ownership Can Improve Informational Efficiency (2023)More Risk, More Information: How Passive …Good disclosure, bad disclosure (2018)Good disclosure, bad disclosu…Information Disclosure in Financial Markets (2017)Information Disclosure in Fin…Are foreign investors locusts? The long-term effects of foreign institutional ownership (2017)Are foreign investors locusts…Have financial markets become more informative? (2016)Have financial markets become…A Rational Theory of Mutual Funds' Attention Allocation (2016)A Rational Theory of Mutual F…Do Long-Term Investors Improve Corporate Decision Making? (2014)Do Long-Term Investors Improv…Do ETFs Increase Volatility? (2014)Do ETFs Increase Volatility?Learning from peers' stock prices and corporate investment (2013)Learning from peers' stock pr…Asset Prices and Institutional Investors (2013)Asset Prices and Institutiona…The Real Effects of Financial Markets (2012)The Real Effects of Financial…Price Informativeness and Investment Sensitivity to Stock Price (2006)Price Informativeness and Inv…The Going‐Public Decision and the Development of Financial Markets (1999)The Going‐Public Decision and…Price and Volume Effects Associated with Changes in the S&P 500 List: New Evidence for the Existence of Price Pressures (1986)Price and Volume Effects Asso…Do Demand Curves for Stocks Slope Down? (1986)Do Demand Curves for Stocks S…A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets (1985)A Noisy Rational Expectations…Information Acquisition in a Noisy Rational Expectations Economy (1982)Information Acquisition in a …The Disappearing Index Effect (2024)The Disappearing Index EffectEquilibrium Data Mining and Data Abundance (2024)Equilibrium Data Mining and D…The Adjustment of Stock Prices to New Information (1969)Principles of Corporate Finance. (1981)Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift? (1995)The Adjustment of Stock Prices to New Information (2003)Comovement (2004)Does Net Buying Pressure Affect the Shape of Implied Volatility Functions? (2004)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The market for corporate control (1983)Noise (1986)The determinants of cross-border equity flows (2004)An Engine, Not a Camera (2006)The cost of capital, corporation finance and the theory of investment (2008)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Tobin's q, Corporate Diversification, and Firm Performance (1994)Market microstructure: A survey (2000)Value‐Enhancing Capital Budgeting and Firm‐specific Stock Return Variation (2004)Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)The theory and practice of corporate finance: evidence from the field (2001)Socially responsible firms (2016)Big Data as a Governance Mechanism (2018)Peer Effects of Corporate Social Responsibility (2019)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Does corporate social responsibility create shareholder value? The importance of long-term investors (2017)Is there a dark side to exchange traded funds? An information perspective (2017)The Big Three and corporate carbon emissions around the world (2021)Corporate financing and investment decisions when firms have information that investors do not have (1984)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)The Real Effects of Financial Shocks: Evidence from Exogenous Changes in Analyst Coverage (2012)Blockholders and Corporate Governance (2014)Short Selling and Earnings Management: A Controlled Experiment (2015)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Law and Finance (1998)Corporate Governance and Equity Prices (2003)Do institutional investors drive corporate social responsibility? International evidence (2018)Corporate Climate Risk: Measurements and Responses (2020)Financing Constraints and Corporate Investment (1988)The Cross-Section of Expected Stock Returns (1992)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Information Role of Conservatism (2008)Intangible capital and the investment-q relation (2016)The impact of environmental, social, and governance disclosure on firm value: The role of CEO power (2017)Beauty Contests and Iterated Expectations in Asset Markets (2006)Individual Investors and Local Bias (2010)Testing Asymmetric-Information Asset Pricing Models (2012)Investor Attention, Overconfidence and Category Learning (2005)Winners in the spotlight: Media coverage of fund holdings as a driver of flows (2014)
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References

  • 1986Do Demand Curves for Stocks Slope Down?1,524 cited
  • 2006Price Informativeness and Investment Sensitivity to Stock Price1,492 cited
  • 1986Price and Volume Effects Associated with Changes in the S&P 500 List: New Evidence for the Existence of Price Pressures1,023 cited
  • 2012The Real Effects of Financial Markets899 cited
  • 1999The Going‐Public Decision and the Development of Financial Markets841 cited
  • 1985A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets779 cited
  • 2017Are foreign investors locusts? The long-term effects of foreign institutional ownership695 cited
  • 2014Do ETFs Increase Volatility?686 cited
  • 1982Information Acquisition in a Noisy Rational Expectations Economy639 cited
  • 2013Learning from peers' stock prices and corporate investment626 cited
  • 2016A Rational Theory of Mutual Funds' Attention Allocation559 cited
  • 2017Information Disclosure in Financial Markets413 cited
  • 2016Have financial markets become more informative?409 cited
  • 2013Asset Prices and Institutional Investors365 cited
  • 2014Do Long-Term Investors Improve Corporate Decision Making?344 cited

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  • 2018Good disclosure, bad disclosure340 cited
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    • 2024Equilibrium Data Mining and Data Abundance34 cited
    • 2024The Disappearing Index Effect33 cited