We thank Andrew Metrick and Joy Ishii for sharing their dual-class data set. We thank Bill Christie (the editor), an anonymous referee, Xia Chen, Qiang Cheng, Marcin Kacperczyk, Michael King, Karthik Krishnanm, and particpants at the Northern Finance Association (NFA) Meeting in 2007 for comments and helpful suggestions. Priscille Aeschlimann, Huasheng Gao, Dermot Murphy, Dave Newton, and Bing Yu provided excellent research assistance. At the 2007 NFA Meetings, this paper was the winner of the Best Paper Award in valuation sponsored by the Canadian Institute of Chartered Business Valuators. We gratefully acknowledge the financial support from the Social Sciences and Humanities Research Council of Canada, the Bureau of Asset Management of the Sauder School of Business, and the Certified Management Accounting Society of British Columbia. All errors are ours.
Do Voting Rights Affect Institutional Investment Decisions? Evidence from Dual-Class Firms
Version of Record online: 3 DEC 2008
© 2008 Financial Management Association International.
Volume 37, Issue 4, pages 713–745, Winter 2008
How to Cite
Li, K., Ortiz-Molina, H. and Zhao, X. (2008), Do Voting Rights Affect Institutional Investment Decisions? Evidence from Dual-Class Firms. Financial Management, 37: 713–745. doi: 10.1111/j.1755-053X.2008.00032.x
- Issue online: 3 DEC 2008
- Version of Record online: 3 DEC 2008
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