Two essays on the stock preference and performance of institutional investors are included in the dissertation. In the first essay, I document that mutual fund

This dissertation consists of two essays investigating the trading by institutions and its impact on the stock market. In the first essay, I investigate why cha

This dissertation contains two essays that address issues concerning preferred stock. In the first essay, I study the incidence of preferred stock issuance to a

This dissertation consists of one chapter studying mutual fund active management and two chapters examining institutional trading in various settings. The three