How Beneficial is the Financial “Democratization” Movement?
Is it better for a company’s shares to be owned by large investors or small investors, institutions or retail investors?
A blog about finance and investing with an academic flavor
by Leonard Kostovetsky · Published August 5, 2021 · Last modified January 17, 2022
Is it better for a company’s shares to be owned by large investors or small investors, institutions or retail investors?
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This is my blog about interesting trends in finance and investing. I am a business school finance professor at Boston College, having earlier taught at University of Rochester and earned an Economics PhD at Princeton University.
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