Do Foreign Investors Improve Market Efficiency?
收藏NBER2018-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24765
下载链接
链接失效反馈官方服务：
资源简介：
We study the impact of foreign institutional investors on global capital allocation and welfare using novel firm-level international data. Using MSCI index inclusion as an exogenous shock to foreign ownership, we show that greater foreign ownership leads to more informative stock prices and this
提供机构：
美国国家经济研究局
创建时间：
2018-07-01
