The Effect of Institutional Ownership on Firm Transparency and Information Production

814 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Do Institutional Investors Demand Public Disclosure (2016, positive): “A contemporaneous paper, Boone and White [2015], investigates the relationship between institutional ownership and managerial guidance, a measure of voluntary disclosure, focusing on the effects of managerial guidance on market microstructure. Relative to that paper, we show not only that positive s”
Shareholder Litigation and Corporate Disclosure: Evidence from Derivative Lawsuits (2017, background): “First, derivative lawsuits may lead to direct pecuniary costs (Erickson [2010]) and reputational penalties (Brochet and Srinivasan [2014]). Second, the settlements of derivative lawsuits often contain corporate governance reforms that reduce managerial entrenchment. For example, Ferris et al. [2007]”
Media Coverage and the Cost of Debt (2019, neutral): “Boone and White (2015) also ﬁnd that lower information asymmetry leads to higher liquidity for the ﬁrm.”
Institutional Ownership and Corporate Tax Avoidance: New Evidence (2017, methodology): “In terms of methodology we closely follow Boone and White (2015) in non-parametrically estimating an RDD in the main tests, while CHLS and BK use parametric or semi-parametric methods.(7) Another methodological issue is which data points to use in identifying the discontinuity at the threshold (band”