Show simple item record

dc.contributor.authorPathan, Md Shams Tabrize
dc.contributor.authorHaq, Mamiza
dc.contributor.authorFaff, R.
dc.contributor.authorSeymour, T.
dc.date.accessioned2021-09-06T02:46:11Z
dc.date.available2021-09-06T02:46:11Z
dc.date.issued2021
dc.identifier.citationPathan, S. and Haq, M. and Faff, R. and Seymour, T. 2021. Institutional investor horizon and bank risk-taking. Journal of Corporate Finance. 66: Article No. 101794.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/85365
dc.identifier.doi10.1016/j.jcorpfin.2020.101794
dc.description.abstract

We test the effect of short-term versus long-term institutional shareholding –so-called investor horizon– on bank risk-taking. We find that in contrast to banks dominated by short-term shareholders, banks with greater long-term shareholding are associated with lower risk, better stock performance, and conservative business and compensation policies. Our results imply that bank regulators should be more vigilant over the actions of banks that heavily rely on short-term shareholding.

dc.relation.sponsoredbyhttp://purl.org/au-research/grants/arc/DE140100253
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/
dc.titleInstitutional investor horizon and bank risk-taking
dc.typeJournal Article
dcterms.source.volume66
dcterms.source.issn0929-1199
dcterms.source.titleJournal of Corporate Finance
dc.date.updated2021-09-06T02:46:10Z
curtin.departmentSchool of Accounting, Economics and Finance
curtin.accessStatusOpen access
curtin.facultyFaculty of Business and Law
curtin.contributor.orcidPathan, Md Shams Tabrize [0000-0001-8171-3501]
curtin.contributor.orcidHaq, Mamiza [0000-0001-5623-9852]
curtin.contributor.researcheridPathan, Md Shams Tabrize [A-3837-2012]
curtin.contributor.scopusauthoridPathan, Md Shams Tabrize [23100726500]
curtin.contributor.scopusauthoridHaq, Mamiza [25927902100]


Files in this item

Thumbnail
Thumbnail

This item appears in the following Collection(s)

Show simple item record

http://creativecommons.org/licenses/by-nc-nd/4.0/
Except where otherwise noted, this item's license is described as http://creativecommons.org/licenses/by-nc-nd/4.0/