Publications of Amil Dasgupta

Will asset managers with large amounts of capital and high risk-bearing capacity hold large blocks and monitor aggressively? Both block size and...

Management Science, 68(8), 5557-6354, iv-v.

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...

Foundations and Trends in Finance, 12 (4), 276-394

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. 

The Journal Of Finance, 70 (6): 2853–2896. 

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...

We provide a theoretical framework to study blockholder activism by funds who compete for investor flow. In our model, activists are intrinsically...

We investigate how business ties with portfolio firms influence mutual funds’ proxy voting using a comprehensive dataset spanning 2003 to 2011. In...

An important recent theoretical literature argues that the threat of exit can represent an effective form of governance when the blockholder is a...

Mutual funds hold large blocks of shares in many major corporations. Practitioners and regulators alike have been concerned that mutual funds use...

The Journal of Finance, 66 (2). pp. 635-653.