IDEAS home Printed from https://ideas.repec.org/a/eac/articl/13-14.html
   My bibliography  Save this article

The Effect of Institutional Investors on Estimation Value of Financial Statements of Companies in Tehran Stock Exchange

Author

Listed:
  • Shahrzad Taheriyan Sarraf

    (University of Tehran, Iran.)

Abstract

The purpose of this study is to evaluate the effect of institutional investors on the financial statements of the predictive value of listed companies in Tehran Stock Exchange. According to the owners of institutional and professional investors, their presence may cause monitor management. This can lead to profitability rather than focusing on short-term goals, according to the company's long-term value maximization. The study period is from 2006 to 2010 and 85 companies were selected to test the hypothesis. The methodology based on purpose of this research, is applied and based on the correlation between variables is correlation research. Before hypothesis testing and tests to check the validity of data variance anisotropy, Chow test and Hausman test was discussed. The result of statistics with use of combination data shows that institutional investors in ownership instruction is determined as most main mechanism in improvement of financial statements.

Suggested Citation

  • Shahrzad Taheriyan Sarraf, 2015. "The Effect of Institutional Investors on Estimation Value of Financial Statements of Companies in Tehran Stock Exchange," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 1, pages 1-1, December.
    • Handle: RePEc:eac:articl:13/14
    as

    Download full text from publisher

    File URL: http://www.unagaliciamoderna.com/eawp/coldata/upload/23_14_Institutional_Investors_Tehran.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eac:articl:13/14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jose González Seoane (email available below). General contact details of provider: https://edirc.repec.org/data/cecorea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.