Institutional Ownership Stability and the Cost of Debt

204 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.

Corporate social responsibility, firm value, and influential institutional ownership (2018, background): “In addition, motivated by Elyasiani and Jia (2008) and Elyasiani et al. (2010), we treat long-term institutions as monitoring investors.”
Institutional investors' horizons and corporate employment decisions (2020, unknown): “…that investigates the impact of investor horizons on various corporate financial variables, relationships, and policies, including the cost of debt (Elyasiani, Jia, and Mao, 2010), the potential for financial misreporting (Burns, Kedia, and Lipson, 2010), CEO turnover-performance sensitivity (Gao,…”
Institutional Investment Horizon and Investment-Cash Flow Sensitivity (2012, background): “Indeed, Elyasiani et al. (2010) find evidence of a robust negative relationship between institutional ownership stability and the cost of debt, a commonly used proxy for information quality (e.g., Francis et al. 2008).”
Institutional Investor Stability and Crash Risk: Monitoring versus Short-Termism? (2013, methodology): “Prior studies document empirical evidence linking institutional investor stability to various economic outcomes, including R&D investments, domestic and foreign acquisition decisions and debt financing costs (Bushee, 1998; Gaspar et al., 2005; Callen et al., 2005; Chen et al., 2007; Elyasiani et al.”