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The effects of institutional ownership on the value and risk of diversified firms
16 references·7 citing·35 second hop
The effects of institutional ownership on the value and risk of diversified firms (2015)The effects of institutional ownership on…Monitoring: Which institutions matter? (2007)Monitoring: Which institution…Shareholder investment horizons and the market for corporate control (2004)Shareholder investment horizo…Institutional Investors and Executive Compensation (2003)Institutional Investors and E…Explaining the Diversification Discount (2002)Explaining the Diversificatio…Corporate governance proposals and shareholder activism: the role of institutional investors (2000)Corporate governance proposal…Diversification's effect on firm value (1995)Diversification's effect on f…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Additional evidence on equity ownership and corporate value (1990)Additional evidence on equity…Ownership structure and voting on antitakeover amendments (1988)Ownership structure and votin…Price, trade size, and information in securities markets (1987)Price, trade size, and inform…Large Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…The Capital Structure Puzzle (1984)The Capital Structure PuzzleCorporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…ESG Performance, Environmental Uncertainty, and Firm Risk (2025)ESG Performance, Environmenta…Stabilizing or destabilizing: the effect of institutional investors on stock return volatility in an emerging market (2023)Stabilizing or destabilizing:…Institutional investors’ ownership stability and their investee firms’ equity mispricing (2021)Institutional investors’ owne…Does family ownership always reduce default risk? (2020)Does family ownership always …Corporate Financial Performance on Corporate Governance Mechanism and Corporate Value: Evidence from Indonesia (2020)Corporate Financial Performan…The effect of block ownership on future firm value and performance (2019)The effect of block ownership…Do institutional investors reinforce or reduce agency problems? Earnings management and the post-IPO performance (2017)Do institutional investors re…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Higher market valuation of companies with a small board of directors (1996)A Survey of Corporate Governance (1997)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Using daily stock returns (1985)Estimating the components of the bid/ask spread (1988)Measuring the Information Content of Stock Trades (1991)Market liquidity and volume around earnings announcements (1994)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)Determinants of corporate borrowing (1977)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Investor Protection and Corporate Valuation (2002)Digital Business Strategy: Toward a Next Generation of Insights (2013)Mergers and the Market for Corporate Control (1965)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Law and Finance (1998)Corporate Ownership Around the World (1999)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Theory of Capital Structure (1991)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The theory and practice of corporate finance: evidence from the field (2001)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Noise Trader Risk in Financial Markets (1990)Investor Psychology and Security Market Under‐ and Overreactions (1998)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1987Price, trade size, and information in securities markets2,169 cited
  • 2003Institutional Investors and Executive Compensation2,012 cited
  • 2007Monitoring: Which institutions matter?1,870 cited
  • 2000Corporate governance proposals and shareholder activism: the role of institutional investors1,776 cited
  • 1988Ownership structure and voting on antitakeover amendments1,600 cited
  • 2002Explaining the Diversification Discount1,372 cited
  • 2004

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Shareholder investment horizons and the market for corporate control
1,271 cited

Cited by

  • 2025ESG Performance, Environmental Uncertainty, and Firm Risk52 cited
  • 2017Do institutional investors reinforce or reduce agency problems? Earnings management and the post-IPO performance48 cited
  • 2020Does family ownership always reduce default risk?29 cited
  • 2020Corporate Financial Performance on Corporate Governance Mechanism and Corporate Value: Evidence from Indonesia24 cited
  • 2021Institutional investors’ ownership stability and their investee firms’ equity mispricing24 cited
  • 2023Stabilizing or destabilizing: the effect of institutional investors on stock return volatility in an emerging market24 cited
  • 2019The effect of block ownership on future firm value and performance21 cited