Todd Gormley

Todd Gormley is a Professor of Finance and the Finance Area Chair at the Olin Business School at Washington University in St. Louis His most recent research has analyzed the impact of passive institutional investors’ rise on stewardship and firms.

Bonds Improve Institutional Investors’ Equity Monitoring

Todd Gormley and Manish Jha find that institutional investors holding bonds may experience greater investor attention and more active shareholding voting on their equity positions.

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