Based on the data of China's A-share listed companies from 2007 to 2020, this paper studies impact common institutional ownership corporate cash holdings. The results show that can significantly reduce level Further analysis shows internal governance mechanism will regulate relationship between and In enterprises without executive equity incentive, have a stronger inhibitory effect

This paper provides evidence on the impact of transient (short-term) institutional investors a firm's thrust to compete. A compete, as an attribute corporate culture, captures relative importance values that push firm achieve shareholder value in short term by emphasizing goal achievement, fast response external information and enhanced competitiveness. We find greater ownership results firms i...

Does being located near institutional investors benefit corporations? We examine whether the ‘presence’ of local institutional investors, as measured by the equity assets under management of local institutions, reduces information asymmetry in the stock market. Firms in high institutional presence areas experience higher liquidity, faster information incorporation, lower costs of equity capital...

Managerial and institutional ownership within companies is becoming increasingly important commonplace in today's modern era. Therefore, this research investigated the effect of managerial on company's financial performance. The method used a quantitative approach. This uses secondary approach with objects form manufacturing listed Indonesia Stock Exchange 2017-2021 period. results study indica...

Despite the political sensitivity of foreign capital, existing work on the effect of foreign capital at the firm level is slim. This paper examines the effect of foreign equity ownership and management on firm performance using a panel of Korean firms for the period of 1993-2007 when foreign capital inflows increased dramatically. Empirical results show that foreign equity ownership positively ...

Financial information disclosed in the annual report is one of the main sources that investors are interested to make informed judgment in their decision for investment. Due to the financial crisis, Malaysian Code on Corporate Governance was introduced and this Code mentions that one of the tasks of the directors is to provide timely and useful information disclosure. However, in Malaysia, ther...

Stock price synchronicity at a country level has been the subject of many previous studies, but for most investors it is more relevant at a firm level. Working from the perspective of a foreign investor stock price synchronicity is analyzed at the firm-level in the hot Chinese stock market. The impact of foreign ownership, institutional ownership, the concentration of large shareholders, and au...

Received: 5 June 2004 Revised: 2 May 2005 Accepted: 30 May 2005 Online publication date: 24 November 2005 Abstract This paper examines the impact of market liberalization on firm performance through institutional changes during the economic reform in China. The conceptualization focuses on the decentralization of control, ownership restructuring, and industrial policy as the primary institution...