An Empirical Study on Relationship Between the Institutional Investors and Corporate Performance

摘要：

This paper chooses companies from the A stock market between 2007 and 2008 year. Classifying the institutional investors into the pressure-sensitive and the pressure-insensitive, this paper analyses corporate governance effect of the institutional investors from the view of corporate performance. The research discovers: the pressureinsensitive institutional investors have remarkably positive relationship with the corporate performance; the pressure-sensitive institutional investors do not have the remarkable relevance with corporate performance; the complete institutional investors also have the remarkably positive relationship with the corporate performance.

关键词： Institutional investors Heterogeneity Corporate Performance

作者: LI Yingzhao WEI Jian

作者单位: School of Business Administration, South China University of Technology, China, 510640

会议类型: 国际会议

会议名称: 2010 International Conference on the Growth of Firms and Management Innovation(2010年企业成长与管理创新国际研讨会)

会议地点: 石家庄

会议语种:英文

页码: 142-146

在线出版日期: 2010-10-15（万方平台首次上网日期，不代表论文的发表时间）