... Corporate governance Ownership structure Promoter ownership Institutional investors Foreign ownership Firm risk-taking Emerging markets India Corporate governance (CG) has emerged as a critical determinant of corporate sustainability, strategic discipline, and long-term value creation over...

...James Routledge Purpose This paper examines whether the adoption of Japan’s Stewardship Code by institutional investors influences their preference for investee companies' governance quality. The Code, introduced by the Financial Services Agency in 2014, promotes constructive engagement between...

...V. Veeravel; Pradiptarathi Panda; A. Balakrishnan Purpose The present study aims to verify whether there is a positive (negative) role being played by the institutional investors on the loss-making companies' performance. Design/methodology/approach The authors employ panel data regression...

...Reuben Segara; Jin Young Yang Purpose This study investigates the valuation motive for increasing share repurchases: the authors analyze the trading dynamics between short sellers, institutional investors and the firm itself around share repurchases. Design/methodology/approach The authors...

...Muhammad Ilyas; Rehman Uddin Mian; Nabeel Safdar Purpose This study examines the effects of foreign and domestic institutional investors on the value of excess cash holdings in the context of Pakistan where the institutional setting is broadly considered as non-friendly to outside shareholders due...

...Pankaj Chaudhary Purpose Stock return volatility is an important aspect of financial markets which requires specific attention of researchers. This study examines the impact of board structure, board activities and institutional investors on the stock return volatility of the Indian firms...

...Jin-Ying Wang Purpose This study explores whether institutional investors can distinguish an undervalued share repurchase from a falsely signaled share repurchase. This study also aims to determine what information institutions use when investing in repurchase stocks. Design/methodology...

...Yun Meng; Xiaoqiong Wang Purpose The purpose of this paper is to investigate the relation between the investment horizon of institutional investors and corporate social responsibility (CSR). Design/methodology/approach Utilizing unique datasets on CSR and the investor horizon measures ( Gaspar...

...Chwee Ming Tee Purpose The purpose of this paper is to examine the investment preference of various types of institutional investors in Malaysia, and its influence on firm valuation, operating performance and capital expenditure. Design/methodology/approach This study employs ordinary least...

...Jaclyn J. Beierlein; James Nelson Purpose Prior research suggests that institutional investors prefer higher priced stock, while individual investors prefer lower priced stock. The purpose of this paper is to examine whether the IPO filing price reflects firm characteristics that are commonly...

...Viktoriya Lantushenko; Edward F. Nelling Purpose The purpose of this paper is to examine institutional investor demand for shares of firms that announce patents. Design/methodology/approach There are three important dates in the process of obtaining a patent. First, a patent filer requests...

...H. Kent Baker; Imad Jabbouri Purpose The purpose of this paper is to examine how Moroccan institutional investors view dividend policy. It discusses the importance these investors attach to the dividend policy of their investee firms, how much influence they exercise in shaping investee firms...

...Chwee Ming Tee Purpose The purpose of this paper is to examine the association between politically connected (POLCON) firms and stock price synchronicity, and whether this association can be attenuated by institutional investors. Design/methodology/approach This paper uses an ordinary least...

... of such a board structure on shareholdings by domestic and foreign institutional investors. Findings The authors find that complying with mandatory regulatory provisions does not impede firms from structuring their boards to reflect the firms’ advising and monitoring needs. The authors also find...

...Mohammad Tariqul Islam Khan; Siow-Hooi Tan; Lee-Lee Chong Purpose Given the special feature of institutional investors in Malaysia, the purpose of this paper is to explore how these investors acquire and employ different information sources in their investing decisions. Design/methodology...

...Kyung Soon Kim; Jinwoo Park; Yun W. Park Purpose The purpose of this paper is to investigate whether there is any difference across individual investors, domestic and foreign institutional investors in trading volume responses to analyst reports. The authors also examine the determinants...

...George Karathanassis; Nikolaos Philippas; Efthymios G. Tsionas; Demosthenes Hevas In this paper we investigate the influence of institutional investors on share prices using data from companies quoted on the Athens Stock Exchange. For finance theorists the value of an investment, real or financial...