Do institutional investors unbind firm financial constraints? Evidence from emerging markets

Using firm-level information for 11 large emerging economies for the 2003-2014 period, this article analyses the impact of firm investment ratio depending on the presence of institutional ownership and the effects of institutional investor heterogeneity on firm financial constraints. Results show th...

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Autores:

Alvarez, Roberto
Jara Bertín, Mauricio
Pombo Vejarano, Carlos

Tipo de recurso:

Work document

Fecha de publicación:

2016

Institución:

Universidad de los Andes

Repositorio:

Séneca: repositorio Uniandes

Idioma:

eng

OAI Identifier:

oai:repositorio.uniandes.edu.co:1992/8697

Acceso en línea:

http://hdl.handle.net/1992/8697

Palabra clave:

Institutional investors
Corporate governance
Financial constraints
Emerging markets
Inversiones de capital
Capitalistas
Gobierno corporativo
Mercados emergentes
C20, G00, G20, G30

Rights

openAccess

License

http://creativecommons.org/licenses/by-nc-nd/4.0/