Affiliation:
1. University of Kentucky
2. University of Houston
Abstract
This study of 258 corporations provides an assessment of the impact of institu-tional investor stockholding on fair price adoption decisions. In addition, the influence of board composition, board leadership, and the interaction between these two governance attributes on such decisions is examined. The results of analyses suggest that only institutional stockholding plays a significant role.
Subject
Social Sciences (miscellaneous),Business, Management and Accounting (miscellaneous)
Cited by
6 articles.
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