Executive Editor Blog: Ownership and Corporate Financial Policy: Separating Causation from Correlation

A new installment of Andrew Karolyi’s Executive Editor blog is now available. This month’s feature, “Ownership and Corporate Financial Policy: Separating Causation from Correlation,” examines “The Effect of Institutional Ownership on Payout Policy: Evidence from Index Thresholds” by Alan Crane, James Weston, and Sébastien Michenaud. Visit the RFS Executive Editor Blog to read the post.

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