Resource type
Date created
2019-12
Abstract
The objective of this study is to analyze the effect of the level of institutional ownership on firms’ stock returns regardless of firm size from 1981 to 2018. We find that higher institutional ownership is associated with higher out-of-sample abnormal returns after we control for possible size effects. Stocks with low levels of institutional ownership underperform compared to those with higher levels.
Document
Description
MSc in Finance Project-Simon Fraser University.
Copyright statement
Copyright is held by the author(s).
Scholarly level
Peer reviewed?
No
Language
English
Member of collection
| Download file | Size |
|---|---|
| input_data\nid_19558\Ran%2526Long%20Thesis%20Final%20Draft%2020191210.pdf | 560.85 KB |