Blockholders

Blockholder: What it is, How it Works, Activist Shareholders

A blockholder is an influential shareholder because of the significant block of the company's stock or bonds that they own.

Blockholders: A Survey of Theory and Evidence - ScienceDirect.com

Blockholders can govern through exit, not just through voice. This new way of thinking about blockholders—as informed traders, rather than just as controlling ...

The role of blockholders in governance - CEPR

The separation of ownership and control for public firms may lead to fully dispersed ownership where no shareholder has an incentive to ...

A Survey of Blockholders and Corporate Control

What impact do blockholders have on firm value? The paper is organized as follows. Section 2 summarizes the data on the extent of block ownership and how the.

Blockholders: a Survey of Theory and Evidence

Our new paper, Blockholders: a Survey of Theory and Evidence, surveys the role of large shareholders in corporate governance.

Blockholders are More Common in the United States than You Might ...

Finance scholars have long characterized the large publicly traded US company as having a fragmented ownership structure with a diffuse shareholder base.

Blockholders and Corporate Governance

I review the theoretical and empirical literature on the different channels through which blockholders (large shareholders) engage in corporate governance.

Blockholders and Corporate Governance - ECGI

These theories give rise to new empirical studies on the two-way relationship between blockholders and financial markets, linking corporate finance with asset ...

Blockholders and Corporate Governance - Annual Reviews

This paper reviews the theoretical and empirical literature on the channels through which blockholders (large shareholders) engage in ...

Blockholder Ownership and Market Liquidity - jstor

monitoring might provide blockholders with access to private, value-relevant in? formation. Prior research suggests market makers mitigate losses to informed.

Do institutional blockholders influence corporate investment ...

The presence of institutional blockholders, regardless of their monitoring involvement, reduces firm cash flow sensitivity ratios and thus, firms' financial ...

Full article: Institutional Blockholders and Voluntary Disclosure

If block ownership is sparse, it is hard to argue it will have an economically meaningful effect on voluntary disclosure. Figure 1 reports that ...

Blockholders and Corporate Governance - IDEAS/RePEc

Alex Edmans, 2014. "Blockholders and Corporate Governance," Annual Review of Financial Economics, Annual Reviews, vol. 6(1), pages 23-50, December.

A Survey of Blockholders and Corporate Control

A central finding of this study is that there is little reason for policymakers or small investors to fear large-percentage shareholders in general, especially ...

Blockholder Heterogeneity, Multiple Blocks, and the Dance between ...

In general, the presence of one blockholder appears to inhibit others from establishing block positions at the same firm. This negative interdependence is more ...

The Law and Economics of Blockholder Disclosure

We discuss the beneficial and documented role that outside blockholders play in corporate governance and the adverse effect that any tightening of the. Williams ...

Blockholders and Corporate Governance | NBER

These theories give rise to new empirical studies on the two-way relationship between blockholders and financial markets, linking corporate ...

DP11442 Blockholders: A Survey of Theory and Evidence - CEPR

This paper reviews the theoretical and empirical literature on the role of blockholders (large shareholders) in corporate governance.

Blockholders and Corporate Governance by Alex Edmans :: SSRN

This paper reviews the theoretical and empirical literature on the channels through which blockholders (large shareholders) engage in ...

Governance Through Trading and Intervention: A Theory of Multiple ...

Since multiple blockholders cannot coordinate to limit their orders and maximize combined trading profits, they trade competitively, impounding more information ...