Belasco, Eric; Finke, Michael; Nanigian, David - In: Managerial Finance 38 (2012) November, pp. 1067-1084
Purpose – The purpose of this paper is to explore the impact of S&P 500 index fund money flow on the valuations of companies that are constituents of the index and those that are not. Design/methodology/approach – To examine the impact of passive investing on corporate valuations, the...
