Institutional ownership and aggregate volatility risk
نویسندگان
چکیده
منابع مشابه
Institutional Ownership and Aggregate Volatility Risk
The paper shows that the difference in aggregate volatility risk can explain why several anomalies are stronger among the stocks with low institutional ownership (IO). Because of their desire to hedge against aggregate volatility or to exploit their competitive advantage in obtaining and processing information, coupled with the dislike of uncertainty and volatility, institutions tend to stay aw...
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Income tax is one of the most important costs of companies and it is usually considered as a cost that should not be paid. One of the most noticeable and influential factors in tax avoidance is corporate ownership structure. With an emphasis on institutional ownership and its types in this paper, it is attempted to measure the effect of this ownership and its types on corporate tax avoidance. F...
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ژورنال
عنوان ژورنال: Journal of Empirical Finance
سال: 2017
ISSN: 0927-5398
DOI: 10.1016/j.jempfin.2016.11.003