Zobrazeno 1 - 10
of 63
pro vyhledávání: '"Rabih Moussawi"'
Publikováno v:
Management Science. 67:6629-6659
Over the last four decades, the concentration of institutional assets in equity markets has increased dramatically. We conjecture that large institutions are granular, that is, they cannot be reduced to a collection of smaller independent entities. H
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
The Antitrust Bulletin. 65:120-147
The nature of post-merger technological progress outcomes is unclear, with theoretical and empirical literature being inconclusive and equivocal. We contend that merger motives materially drive post-merger outcomes and that post-merger outcomes vary
Publikováno v:
Financial Management. 49:423-446
This paper analyzes value creation in firms at the project level. We present evidence that managers facing short‐termist incentives set a lower threshold for accepting projects. Using novel data on new client and product announcements in both the U
Publikováno v:
Journal of Industry, Competition and Trade. 19:583-615
This article has examined the relationship between mergers and their impact on average per-person wages for incumbents, over long periods of institutional changes within the United States telecommunications industry, from a public interest perspectiv
Publikováno v:
The Journal of Finance. 73:2471-2535
Publikováno v:
SSRN Electronic Journal.
Exchange-traded funds (ETFs) are the most prominent financial innovation of the last three decades. Early ETFs offered broad-based portfolios at low cost. As competition became more intense, issuers started offering specialized ETFs that track niche
Exchange-traded funds (ETFs) are the most prominent financial innovation of the last three decades. Early ETFs offered broad-based portfolios at low cost. As competition became more intense, issuers started offering specialized ETFs that track niche
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c0ba0ac10d6b3d8b1b35af90433804a6
https://doi.org/10.3386/w28369
https://doi.org/10.3386/w28369
Publikováno v:
SSRN Electronic Journal.
The interplay between investors’ demand and providers’ incentives has shaped the evolution of exchange-traded funds (ETFs). While early ETFs invested in broad-based indexes and therefore offered diversification at low cost, more recent products t
Publikováno v:
SSRN Electronic Journal.
We study how managers of funds created to invest for the long run behave when shielded from liquidity constraints and their investors' short-term needs. Using the universe of US target-date funds (TDFs), we document that asset managers exploit lower