Do Bank Insiders Impede Equity Issuances?
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资源简介：
We evaluate the role of insider ownership in shaping banks equity issuances in response to the global financial crisis. We construct a unique dataset on the ownership structure of U.S. banks and their equity issuances and discover that greater insider ownership leads to less equity issuances.
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美国国家经济研究局创建时间：
2020-06-01
