The role of institutional investors in corporate governance is widely recognized. This study investigates whether institutional investors are active monitors or passive investors by examining the relationship between institutional ownership and firm performance for a sample of 11,136 firm-year...

Bitcoin has grown popular as a financial asset and outperformed all asset classes in the recent times. This paper examines the diversification capabilities of Bitcoin for a global portfolio consisting of investments across six major asset classes. Considering a sample period from July 2010 to...