The long-term impact of sovereign wealth fund investments
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DOI: 10.1016/j.finmar.2018.08.004
Abstract: Abstract In this study, we examine the long-term impact of sovereign wealth fund (SWF) investments on target firms' value, return volatility, and crash risk. We find that SWF investments generally underperform stock markets in the… read more here.
Keywords: impact sovereign; wealth fund; long term; term impact ... See more keywords