In this dissertation, I investigate the impact of institutional investors on security prices and corporate policies, and offer a new perspective on the vital ro
The first essay analyzes mutual funds' proxy voting records on shareholder proposals. The results indicate that mutual funds support shareholder proposals and v
Institutional investors such as mutual funds and hedge funds play an important role in today's financial markets. This thesis consists of three essays which emp
This dissertation consists of one chapter studying mutual fund active management and two chapters examining institutional trading in various settings. The three