We investigate the association between corporate firm performance and the level and stability of institutional ownership within a simultaneous equation model. Our main ownership stability measures include ownership persistence and the time-lengths over which investors hold non-zero shares or...

We investigate the relationship between risk taking of life-health (LH) insurers and stability of their institutional ownership within a simultaneous equation system model. Several results are obtained. First, stable institutional ownership of is associated with lower total risk of LH insurers,...

In this study, the association between performance of BHCs and institutional ownership stability is investigated and contrasted to those found for the less regulated utility and industrial firms in order to determine whether regulation displaces owner monitoring. We employ a simultaneous...