The Price Impact Of Institutional Trading
By Richard Sias, Laura T. Starks, Sheridan Titman. 2001
146 citations recorded by the source corpus.
Subfields: Accounting, Finance, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/afe2c05519b2fb22f687ddd072f171847fd5ced2
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Tarun Ramadorai
- Laura T. Starks
- R. Parrino
- Richard Sias
- Lilian Ng
- Vicentiu Covrig
- John Y. Campbell
- Amil Dasgupta
In Finance
- Laura T. Starks
- Tarun Ramadorai
- Richard Sias
- Michela Verardo
- Lilian Ng
- Vicentiu Covrig
- John Y. Campbell
- Amil Dasgupta
In Strategy and Management
- R. Parrino
- Richard Sias
- John Y. Campbell
- Laura T. Starks
- Andrea Prat
- Tarun Ramadorai
- Lilian Ng
- Michela Verardo
Citations in the corpus
- Volume Autocorrelation, Information and Investor Trading (2004, background): “1 Sias et al. (2001) provide evidence that institutions trade because they have superior information.”
- Caught on tape: Institutional trading, stock returns, and earnings announcements (2009, background): “Sias, Starks, and Titman (2006) point out that monthly return data can be combined with quarterly ownership data to make at least some inferences about monthly lead–lag relations between flows and returns.”
- Voting with their feet: institutional ownership changes around forced CEO turnover (2003, background): “Recent evidence (Wermers, 1999; Nofsinger and Sias, 1999; Jones et al., 1999; Wermers, 2000; Sias et al., 2001) suggests that institutional investors are better informed than other investors, particularly individual investors.”
- The Impact of Institutional Ownership on Corporate Operating Performance (2007, unknown): “Sias et al. (2001) find that stock returns are more strongly related to the number of institutional investors than to the fraction of a firm’s shares held by them.”
- Greener Pastures and the Impact of Dynamic Institutional Preferences (2003, background): “See Grinblatt and Titman (1989, 1993), Daniel et al. (1997), Wermers (1999, 2000), Nofsinger and Sias (1999), Chakravarty (2000), Parrino, Sias, and Starks (2003), and Sias, Starks, and Titman (2002) .”
- The Price Impact of Institutional Herding (2011, background): “For a discussion of how this can be done, see Dasgupta, Prat, and Verardo (2010).”
- The 'Wall Street Walk' and Shareholder Activism: Exit as a Form of Voice (2007, unknown): “Sias, Starks, and Titman (2001) also suggest that large shareholder trading has a price impact that is likely due to superior information, consistent with our model.”