background: this study investigates whether state-owned enterprises (soes) in indonesia implement stronger corporate governance than do non-soes. it can be argued that as a large dedicated institutional investor, the indonesian government has an incentive to strengthen corporate governance in soes and possesses the ability to bear the cost of implementing stronger governance. research methods: ...

in this study, trading patterns and constituents of trading performances of individual and institutional investors have been investigated in a weekly manner, using an auto regressive model and a grinblatt & titman portfolio performance measure spanning 2008-2012. the results show that while individual investors have a herding behavior, institutional investors take contrarian trading strategies....

We study how a firm’s decision to offer bonds of various maturities affects the portfolio allocations of institutional investors. We argue that because of lower information-collection costs, institutional investors tilt their portfolios towards firms that offer bonds of various maturities. We show that this translates into lower bond yields, both in the primary and in the secondary bond markets...

This study examines the complementary or substitution role of audit committee independence (ACInd), risk management (RMC) and institutional investors on non-financial disclosure (NFRD). While existing literature provides inconclusive evidence individual influences various monitoring mechanisms NFRD, it is necessary to examine whether their combined roles are present as many coexist within an or...

Managers engage in income smoothing either to communicate private information about future earnings to investors (informativeness hypothesis) or to distort financial performance for opportunistic purposes (opportunism hypothesis). Business cycles and the monitoring role of institutional ownership may affect the earnings informativeness of income smoothing. The purpose of this research is to exa...

The objective reasons for assessing the role of institutional investors as valuable participants Russian financial market and forecast trends within framework various projects is explained by necessity optimizing their participation in serving needs national international economy well using tools environmental policy promotion. subject research activity contemporary environment possible ways ma...