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Adapting to Radical Change: The Benefits of Short-Horizon Investors
16 references·13 citing·47 second hop
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References

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1,147 cited
  • 2010Financial Strength and Product Market Behavior: The Real Effects of Corporate Cash Holdings941 cited
  • Cited by

    • 2020Institutional Investors and Corporate Governance48 cited
    • 2022A Critique of the Agency Theory Viewpoint of Stock Price Crash Risk: The Opacity and Overinvestment Channels44 cited
    • 2021Institutional Ownership and Firms’ Thrust to Compete43 cited
    • 2024The short-termism trap: Catering to informed investors with limited horizons33 cited
    • 2022The Wall Street stampede: Exit as governance with interacting blockholders30 cited
    • 2023Institutional investor horizons, ownership structure and investment efficiency in China28 cited
    • 2022Foreign competition and CEO risk-incentive compensation24 cited
    • 2023Do shareholders really matter for firm performance? Evidence from the ownership characteristics of Italian listed companies22 cited
    • 2024Innovation Under Pressure17 cited
    • 2021Investor short-termism and real investment16 cited
    • 2021Institutional investors’ horizon and equity-financed payouts16 cited
    • 2019The Wall Street Stampede: Exit As Governance with Interacting Blockholders16 cited
    • 2025To explore or exploit for legitimacy: The effect of retail investor environmental concern on corporate green technological innovation11 cited