investor voice towards positive social impact. In this paper, I provide a framework outlining the role of investors as stewards … institutional investors, importantly, but not exclusively, index and quasi-index investors, could provide this commitment mechanism … investors that could act as stewards of the commons. Social pressure fueled by socially responsible investment funds and non …

evidence indicates that ownership by common institutional investors significantly affects corporate advertising strategy … fund mergers as an exogenous shock to ownership structure, we find that competing firms owned by the same institutional … pronounced for firms in more competitive industries, in higher advertising-intensity industries, with greater common ownership …

of the acquirer. Firms' debt and profitability ratios do not explain the target size.  …

strategy of large food multinationals in Europe. These firms of both European and American origins have developed tight … firms in the sample, of a new model of the global and financialized corporation, and conclude to the existence of an …

bond markets, surveys of firms and investors, and (in many chapters) firm-level analysis. A Web appendix makes available … the unique data sets, including results of specially designed surveys of firms and investors participants, used in the … past financial crises. In addition, a robust bond market is a way for nonfinancial firms to retain their capacity to borrow …

of short run underpricing of IPOs with the information asymmetry between investors seems to work in its precise opposite …