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Ambrus Kecskes
Researcher at York University
Publications - 42
Citations - 1916
Ambrus Kecskes is an academic researcher from York University. The author has contributed to research in topics: Investment (macroeconomics) & Shareholder. The author has an hindex of 18, co-authored 42 publications receiving 1484 citations. Previous affiliations of Ambrus Kecskes include University of Toronto & Virginia Tech.
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The Real Effects of Financial Shocks: Evidence from Exogenous Changes in Analyst Coverage
François Derrien,Ambrus Kecskes +1 more
TL;DR: In this paper, the causal effects of analyst coverage on corporate investment and financing policies were studied, and it was shown that a decrease in analyst coverage increases information asymmetry and thus increases the cost of capital; as a result, firms decrease their investment and finance.
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The Real Effects of Financial Shocks: Evidence from Exogenous Changes in Analyst Coverage
François Derrien,Ambrus Kecskes +1 more
TL;DR: In this paper, the causal effects of analyst coverage on corporate investment and financing policies were studied, and it was shown that a decrease in analyst coverage increases information asymmetry and thus increases the cost of capital; as a result, firms decrease their investment and finance.
Journal ArticleDOI
Investor Horizons and Corporate Policies
TL;DR: This article study the effect of investor horizons on corporate behavior and find that when a firm is undervalued, greater long-term investor ownership is associated with more investment, more equity financing, and less payouts to shareholders.
Journal ArticleDOI
Do Long-Term Investors Improve Corporate Decision Making?
TL;DR: This paper study the effect of investor horizons on a comprehensive set of corporate decisions and find that long-term investors strengthen governance and restrain managerial misbehaviors such as earnings management and financial fraud.
Journal ArticleDOI
Do long-term investors improve corporate decision making?
TL;DR: In this article, the effect of investor horizons on a comprehensive set of corporate decisions was studied and it was shown that longterm investors restrain numerous corporate misbehaviors such as earnings management and financial fraud and foster shareholder democracy.