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This study empirically investigates the influence of the market-bound (i.e., interaction and network effects) on the firm-bound (i.e., scale and learning effects) self-reinforcing mechanisms, and their combined effect on product and organizational performance. The findings from a sample of 257...
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-standarddeviation increase in ownership predicts a 1.6 percent increase in alpha in the following year. Fund managers who are required to … activity in line with the view that higher ownership aligns interests of managers with those of shareholders and induces higher …
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We study whether investors' demographic similarity to CEOs affects their investment decisions. Mutual fund managers are …
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