Title:

Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership

Authors:

Jan Bena (U British Columbia)
Miguel Almeida Ferreira (U Nova)
Pedro Matos (U Virginia)
Pedro Pires (U Nova)

Journal:

Journal of Financial Economics

Year:

2017

Volume:

126

Number:

1

Pages:

122-146

JEL codes:

F21 - International Investment; Long-Term Capital Movements
G23 - Pension Funds; Other Private Financial Institutions
G32 - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure

DOI:

10.1016/j.jfineco.2017.07.005