Banking Competition, Institutional Investors and Financial Constraints: Evidence from Europe
This study analyzes the relationship between banking concentration, institutional investors and their impact on financial constraints across 27 equity markets in Europe for the period 2000-2015. Financial constraints are consequence of market failures due to the presence of asymmetric information am...
- Autores:
-
Jara Bertín, Mauricio
Pombo, Carlos
Vargas, Paulina
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2019
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- spa
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/41111
- Acceso en línea:
- http://hdl.handle.net/1992/41111
- Palabra clave:
- Financial constrains
Investment cash flow sensitivity
Banking concentration
Institutional investors
G32, G34
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/