NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Large Block Shareholders, Institutional Investors, Boards of Directors and Bank Value in the Nineteenth Century

Howard Bodenhorn

NBER Working Paper No. 18955
Issued in April 2013

---- Acknowledgements -----

I thank Henry Hansmann and Mariana Parglender for sharing an early draft of their 2012 working paper. Eric Hilt and Danielle Zanzalari offered helpful comments on an earlier draft. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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