Does shareholder diversification enhance firm investment resilience? Evidence from the euro area
Firms with home-biased shareholders cut investment 20% more than diversified peers during the pandemic, revealing equity concentration weakens corporate resilience to shocks.
Featured in No. 137 on 30 Oct 2026 · 11 days after release
- Released
- 19 Oct 2026
- First featured
- No. 137 · 30 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- RePEc:ecb:ecbwps:20263296
- Authors
- Elena Banu et al.
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).