Demiralp, Ilhan; D'Mello, Ranjan; Schlingemann, Frederik P. - In: Journal of Corporate Finance 17 (2011) 5, pp. 1340-1359
We provide new evidence on the monitoring benefits from institutional ownership by analyzing the impact of institutional ownership on stock price and operating performance following seasoned equity offerings, a setting where the effects of monitoring are likely to be especially important. We...
