Testing the Theory of Common Stock Ownership
收藏NBER2020-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27515
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资源简介：
We test if an increase in common ownership changes future expected profits with an event study method. We collect instances of a stock entering the S&P 500 index and identify its product market competitors. We measure the change in institutional and common ownership (with product market rivals) and
提供机构：
美国国家经济研究局
创建时间：
2020-07-01
