Institutional presence

We propose an Institutional Presence (IP) measure to capture the latent role of non-owner institutional investors who nevertheless may be observing a firm. We employ this measure to examine whether the ‘presence’ of institutional investors reduces information asymmetry in the market. Firms in areas...

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Bibliographic Details
Main Authors: SULAEMAN, Johan, WEI, Chi Shen
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/6778
https://ink.library.smu.edu.sg/context/lkcsb_research/article/7777/viewcontent/SSRN_id2373506.pdf
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Institution: Singapore Management University
Language: English