We find consistent evidence that institutional shareholders influence firms to engage in better CSR performance using two separate quasi-natural experiments
This paper studies the Shanghai-Hong Kong stock market connect program,which “creates” the second largest stock exchange in the world.Compared to unconnec
A high growth rate in labor hours per worker signals low future stock market returns and high future hiring.In the presence of an increase in the number of
This paper solves the optimal portfolio choice problem in a multi-asset incomplete market model with ambiguous jump risks.We derive the optimal portfolio ru