In spite of the highly concentrated ownership of listed companies, Italy is one of the countries in which institutional investors are on the rise and are...
How do wealth managers understand and comply with the social norms embedded in banks’ codes of conduct (CoC) and how do they cope with ethical dilemmas?...
This paper examines the causes and consequences of hedge fund investments in exchange traded funds (ETFs) using U.S. data from 1998 to 2018. The data...
The last twenty years or so have seen a sharp decline in public equity. I present a framework that explains the forces that cause the listing propensity of...
A growing number of studies suggest that common ownership caused cooperation among firms to increase and competition to decrease. We take a closer look...