When Financial Institutions Are Large Shareholders: The Role of Macro Corporate Governance Environments

240 citations recorded by the source corpus.

Citations in the corpus

Shareholders at the Gate? Institutional Investors and Cross-Border Mergers and Acquisitions (2010, unknown): “We focus on foreign institutional investors holding more than 5% of the shares outstanding (La Porta et al. 1999; Li et al. 2006).”
Firm crash risk, information environment, and speed of leverage adjustment (2015, unknown): “Li et al. (2006) find that the variations of financial institutional large shareholdings are determined by country level corporate information disclosure requirements.”
The Effect of IFRS Adoption and Investor Protection on Earnings Quality Around the World (2012, unknown): “, (1998) ADRI from Pagano and Volpin (2005), which has also been used in earlier studies (Li et al., 2006).”
The colors of investors’ money: The role of institutional investors around the world (2008, unknown): “To our knowledge, FactSet/LionShares data have been used previously only by Li et al. (2006). However, in that study, the authors study only the determinants of institutional”
Large Foreign Ownership and Firm-Level Stock Return Volatility in Emerging Markets (2011, unknown): “In addition, we match detailed subsidiaries data from the Osiris database with our database to identify whether an emerging market firm in our sample is 8See Li et al. (2006) for a more detailed description of the ownership data collection process.”