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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Main Authors: | , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2013
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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 |