Investment Decisions, Liquidity, and Institutional Activism: An International Study
The activism of institutional investors tends more and more toward the supervision and control of the behavior of the managers of big companies. In this article, we present a model based on the creation of an activism index that lets us evaluate such activism’s effect on the sensitivity of the inves...
| Authors: | ; ; |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer
2009
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| In: |
Journal of business ethics
Year: 2009, Volume: 87, Issue: 1, Pages: 25-40 |
| Further subjects: | B
investment-cash flow sensitivities
B institutional activism B Financial constraints B Firm Performance B corporate investment |
| Online Access: |
Volltext (lizenzpflichtig) |