Many natural competitors are jointly held by a small set of institutional investors. Using the airline industry as a laboratory, we provide evidence that such common ownership has adverse effects on product market competition. We first document that taking common ownership into account implies increases in market concentration tha
This dissertation tests the effects of multimarket competition on the rivalry experienced by firms i...
Peer ReviewedMany airlines have recently been forming equity interlocks with airlines in different c...
In the last two decades, airline alliances were not only successful in extending the size of their n...
Many natural competitors are jointly held by a small set of institutional investors. Using the airli...
Many natural competitors are jointly held by a small set of large diversified insti-tutional investo...
Many natural competitors are jointly held by a small set of large institutional investors. In the US...
Many natural competitors have become jointly held and partially controlled by a small number of inv...
This study evaluates the effects of institutional investors' common ownership of firms competing in ...
The share of stocks beneficially owned by institutional investors has increased substantially over t...
We analyze how an increase in the degree of common ownership of firms in the same market affects con...
This paper develops an oligopoly model to investigate the effect of an air cargo alliance on competi...
Minority shareholdings have been on the regulatory agenda of competition authorities for some time. ...
We develop a methodology for evaluating competition and welfare when shareholders hold (partial) pos...
A significant fraction of publicly traded firms is held by institutional investors that own shares i...
This dissertation is composed of three essays which study corporate ownership and control. The first...
This dissertation tests the effects of multimarket competition on the rivalry experienced by firms i...
Peer ReviewedMany airlines have recently been forming equity interlocks with airlines in different c...
In the last two decades, airline alliances were not only successful in extending the size of their n...
Many natural competitors are jointly held by a small set of institutional investors. Using the airli...
Many natural competitors are jointly held by a small set of large diversified insti-tutional investo...
Many natural competitors are jointly held by a small set of large institutional investors. In the US...
Many natural competitors have become jointly held and partially controlled by a small number of inv...
This study evaluates the effects of institutional investors' common ownership of firms competing in ...
The share of stocks beneficially owned by institutional investors has increased substantially over t...
We analyze how an increase in the degree of common ownership of firms in the same market affects con...
This paper develops an oligopoly model to investigate the effect of an air cargo alliance on competi...
Minority shareholdings have been on the regulatory agenda of competition authorities for some time. ...
We develop a methodology for evaluating competition and welfare when shareholders hold (partial) pos...
A significant fraction of publicly traded firms is held by institutional investors that own shares i...
This dissertation is composed of three essays which study corporate ownership and control. The first...
This dissertation tests the effects of multimarket competition on the rivalry experienced by firms i...
Peer ReviewedMany airlines have recently been forming equity interlocks with airlines in different c...
In the last two decades, airline alliances were not only successful in extending the size of their n...