The Granular Nature of Large Institutional Investors
收藏NBER2016-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22247
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资源简介：
Large institutional investors own an increasing share of the equity markets in the U.S. The implications of this development for financial markets are still unclear. The paper presents novel empirical evidence that ownership by large institutions predicts higher volatility and greater noise in stock
提供机构：
美国国家经济研究局
创建时间：
2016-05-01
