
Amil Dasgupta
Research Interests
Institutional investors
Shareholder activism
Corporate governance
Financial markets
Financial crises
Institutional investors
Shareholder activism
Corporate governance
Financial markets
Financial crises
We ask why we observe multiple layers of decision-making in fund management with investors, sponsors, fund managers, and consultants, even if...
We show that supply-side effects arising from the bond holdings of open-end mutual funds affect corporate credit risk. In our model, funds exposed to...
Journal of Financial Economics, 144(2), 433-455
The growth of the asset management industry has made it commonplace for firms to have multiple institutional blockholders. In such firms, the strength...
Journal of Finance, 71(6), 2933-2966.
We develop a dual-layered agency model to study blockholder monitoring by activist funds that compete for investor flow. Competition for flow affects...
It is alleged that activist hedge funds congregate around a common target, with one acting as the "lead" activist and others as peripheral activists...