Institutional investor horizon and bank risk-taking
We test the effect of short-term versus long-term institutional shareholding –so-called investor horizon– on bank risk-taking. We find that in contrast to banks dominated by short-term shareholders, banks with greater long-term shareholding are associated with lower risk, better stock performance, a...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
2021
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| Online Access: | http://purl.org/au-research/grants/arc/DE140100253 http://hdl.handle.net/20.500.11937/85365 |