Is There Any Differences Between Foreign and Domestic Institutional Investor Activism?
This paper examines whether the influence of foreign institutional investor is different from that of a domestic one. After years non-tradable share reformation,Chinas stock market has entered a full circulation era that ushers in the institutional investors as major shareholders of listed companies. It is well known that the engagement of institutional investors have a significant impact on firm value,as it exists many various types of institutional investors,and comes with different intention to establish company goal,my article from the foreign institutional investors started to study the QFII (Qualified Foreign Institutional Investors) and domestic institutional investors,the impact on firm value,QFII have to promote positive behavior through the improvement of corporate governance and enhance corporate value. The study found: Compared with domestic institutional investors,QFII increase in the value of the companys more significant. That the introduction of foreign institutional investors to better improve on the governance structure of listed companies in China.
Foreign Institutional Investors Corporate governance Enterprise value
LIU Ruijun
School of Business Administration, South China University of Technology, P.R. China, 510640
国际会议
The Sixth International Symposium on Corporate Governance(第六届公司治理国际研讨会)
大连
英文
447-453
2011-08-20（万方平台首次上网日期，不代表论文的发表时间）