We study the role of competition in customers' reactions to litigation against firms, using anonymized mobile phone … the following months. The effect strongly depends on competition. Outlets facing more competition experience significantly … larger negative effects. Closer competition matters more, both in terms of geographic and industry proximity. Announcement …

how increased competition can alleviate these conflicts. Using a unique data set on voting recommendations, I show that …, which is consistent with our theory as the incumbent is subject to conflicts of interest by serving both investors and …

We investigate the role of price leadership and informed trading in the competition for order flow between high …

decreased measures of competition in several categories of Money Market Mutual Funds. Consistent with improving market power …

Processing qualitative information about a firm's product market competition matters for fund performance. I find that … illiquid investment strategies and hold companies with a better R&D track record. They also more actively avoid competition …

of competition on their market quality. Results show improved market quality measures when competition increases. A …% decrease in illiquidity, and a 52% increase in turnover. However, we find that competition has a differential impact on ETFs … according to their market depth. Market quality improves with competition for large or well-performing ETFs, while it worsens …

behind governance transparency is product market competition. Tougher competition leads to more firms competing for funding …