Título:

Local Ownership as Private Information: Evidence on the Monitoring-Liquidity Trade-Off

Autores:

José Miguel Gaspar (ESSEC)
Massimo Massa (INSEAD)

Revista:

Journal of Financial Economics

Ano:

2007

Volume:

83

Páginas:

751-792

Códigos JEL:

D82 - Asymmetric and Private Information
G23 - Pension Funds; Other Private Financial Institutions