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The paper explores how institutional ownership and ownership heterogeneity affect the firm's CVC launch, duration, portfolio decisions, and outcomes. Our finding shows an inverse U-shape relationship between institutional ownership and CVC investments. The increase in institutional ownership can...
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hohem Maße voneinander ab. Die anfängliche Investitionsentscheidung muß die Möglichkeit, nachfolgende Entscheidungen treffen … in ferner Zukunft erwartet werden, wenn also zwischen der anfänglichen Investitionsentscheidung und dem Absatz von …
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