The impact on market outcomes of the portfolio selection of large equity investors

Moreno Ruiz, Diego; Petrakis, Emmanuel

The impact on market outcomes of the portfolio selection of large equity investors

Author(s): Moreno Ruiz, Diego; Petrakis, Emmanuel

Editor: Universidad Carlos III de Madrid. Departamento de Economía

Issued date: 2021-11-22

ISSN: 2340-5031

xmlui.dri2xhtml.METS-1.0.item-contributor-funder: Agencia Estatal de Investigación (España)
Comunidad de Madrid

Serie/No.: Working paper. Economics
21-14

Project: Gobierno de España. PGC2018-098510-B-I00
Comunidad de Madrid. H2019/HUM-5891

Keywords: Market Power , Common Ownership , Minority Equity , Portfolio Selection

JEL Classification: L13 , L2 , L4 , L5

URI: http://hdl.handle.net/10016/33659

Rights: Atribución-NoComercial-SinDerivadas 3.0 España

Abstract:

We study a setting in which several large investors select their portfolios of equity of the firms competing in a symmetric duopoly considering the impact of their interests on the managerial incentives. Assuming that investors objective is to maximize the val [+]

Show full item record