Green innovation peer effects in common institutional ownership networks
X Wu, Y Li, C Feng - Corporate Social Responsibility and …, 2023 - Wiley Online Library
As an important breakthrough in coordinating economic, social, and ecological benefits,
green innovation has received wide attention from governments, firms, and the public …
green innovation has received wide attention from governments, firms, and the public …
Directing the labor market: The impact of shared board members on employee flows
Using resume data on over 20 million US workers, we find that the flow of employees
between a pair of firms sharply drops by about 20% when the firms start to share a director …
between a pair of firms sharply drops by about 20% when the firms start to share a director …
Does common institutional ownership restrain corporate financialization?
Y Li, L Zhu, Y Ke, X Wu - International Review of Economics & Finance, 2024 - Elsevier
Using a sample of Chinese non-financial listed firms from 2007 to 2021, we investigate the
impact of common institutional ownership on corporate financialization. The results show …
impact of common institutional ownership on corporate financialization. The results show …
[PDF][PDF] Board Connections, Firm Profitability, and Product Market Actions
After a new direct board connection is formed to a product market peer, a firm's gross margin
increases by 0.8 pp Gross margin also rises by 0.4 pp after a connection is formed to a peer …
increases by 0.8 pp Gross margin also rises by 0.4 pp after a connection is formed to a peer …
[HTML][HTML] Vertical shareholding during supply chain shocks
S Fang, RZ Zhang - Economics Letters, 2024 - Elsevier
The paper examines whether common ownership along supply chains (ie, vertical
shareholding) is associated with better firm performance during supply chain shock. We find …
shareholding) is associated with better firm performance during supply chain shock. We find …
The Proxy Advice Industry and Common Owners' Coordination
T Forsbacka - European Corporate Governance Institute–Finance …, 2024 - papers.ssrn.com
High levels of common ownership may reduce firms' incentives to compete. The empirical
relevance of this concern is controversial, in part because there are no obvious mechanisms …
relevance of this concern is controversial, in part because there are no obvious mechanisms …
Horizontal Directors and Investment Efficiency
JM Gaspar, S Wang, L Xu - Available at SSRN 4621154, 2023 - papers.ssrn.com
Horizontal directors, board members who also hold board seats in other firms in the same
industry, are surprisingly common in boards of US public firms. Emerging scholarship has …
industry, are surprisingly common in boards of US public firms. Emerging scholarship has …
[PDF][PDF] Common Ownership and the Market for Technology
D Hutschenreiter - 2023 - econstor.eu
Using information on US patent reassignments, this paper establishes economically and
statistically significant effects of institutional investors' common ownership of publicly traded …
statistically significant effects of institutional investors' common ownership of publicly traded …
[PDF][PDF] Corporate Governance Networks and Financial Performance
A Tonetto - Corporate Governance Networks and Financial …, 2023 - aeaweb.org
I investigate the impact of two different corporate governance network connectedness
measures on financial performance of firms. I consider both ownership connectedness …
measures on financial performance of firms. I consider both ownership connectedness …
[PDF][PDF] Connected firms: Common ownership and corporate financial policy decisions
Using a comprehensive dataset of US firms for the 1988 to 2018 period, we document that
firms connected through common institutional investor holdings exhibit a substantially higher …
firms connected through common institutional investor holdings exhibit a substantially higher …