Working Papers

Governance effort reallocation by institutional owners, with S. Garcia and A. Remesal

• Institutional investors re-balance between internal and external monitoring mechanisms. As heightened short-selling threats improve external discipline and alleviate the need for direct monitoring, monitoring-prone institutional investors reallocate efforts to other portfolio firms. 

• Selected presentations: Financial Markets and Corporate Governance Conference (2022)*,  FMA Europe (2022), KU Leuven (2022), Erasmus Corporate Governance Conference (2023), BOCA-ECGI Corporate Finance and Governance Conference (2024)

• Formerly entitled "Institutional investors and the governance spillovers of financial regulations: Evidence from a natural experiment"

*Presented by a coauthor