Buy this book
![Loading indicator](/images/ajax-loader-bar.gif)
"Large shareholders may play an important role for firm performance and policies, but identifying this empirically presents a challenge due to the endogeneity of ownership structures. We develop and test an empirical framework which allows us to separate selection from treatment effects of large shareholders. Individual blockholders tend to hold blocks in public firms located close to where they reside. Using this empirical observation, we develop an instrument - the density of wealthy individuals near a firm's headquarters - for the presence of a large, non-managerial individual shareholder in a firm. These shareholders have a large impact on firms, controlling for selection effects"--National Bureau of Economic Research web site.
Buy this book
![Loading indicator](/images/ajax-loader-bar.gif)
Showing 2 featured editions. View all 2 editions?
Edition | Availability |
---|---|
1
Estimating the effects of large shareholders using a geographic instrument
2011, National Bureau of Economic Research
Electronic resource
in English
|
aaaa
|
2
Estimating the effects of large shareholders using a geographic instrument
2009, Harvard Business School
in English
|
zzzz
Libraries near you:
WorldCat
|
Book Details
Edition Notes
Title from PDF file as viewed on 11/29/2011.
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
Classifications
The Physical Object
ID Numbers
Community Reviews (0)
Feedback?October 17, 2020 | Edited by MARC Bot | import existing book |
December 7, 2011 | Created by LC Bot | import new book |