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State ownership, bank loans, and corporate investment

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Have instrumental variables brought us closer to the truth

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Directors' ownership in the US mutual fund industry

Chen, Qi (contributor); Goldstein, Itay (contributor); … - 2006

The paper provides an empirical investigation of directors' ownership in the mutual fund industry. Our results show that, contrary to anecdotal evidence, a significant portion of directors hold shares in the funds they oversee. Moreover, ownership patterns are broadly consistent with the an...