Market discipline or rent extraction: Impacts of share trading by foreign institutional investors in different corporate governance and investor protection environments
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DOI: 10.1016/j.irfa.2021.101965
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More about this item
Keywords
Foreign institutional investors; Informed trading; Corporate governance; Market discipline; Institutional environment; Investor protection; Firm value;All these keywords.
JEL classification:
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
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