IDEAS home Printed from https://ideas.repec.org/a/cmj/seapas/y2015i7p369-374.html
   My bibliography  Save this article

Institutional Investors And Corporate Governance

Author

Listed:
  • Ruxandra-Adriana MATEESCU

    (The Bucharest University of Economic Studies)

Abstract

This study aims to review previous developed studies regarding the institutional investors’ issue, as the influence they exert in the companies they invest in is growing in importance. In the first part, the paper tries to review the existing literature regarding the institutional investors’ research theme, especially regarding their attitude towards investment, while the second main part will try to describe the presence of institutional investors in Romanian listed companies. Also, the paper aims to review previous studies regarding the influence of institutional investors over corporate governance mechanisms (especially board’s members’ independence and composition) and financial and non-financial disclosure practices.

Suggested Citation

  • Ruxandra-Adriana MATEESCU, 2015. "Institutional Investors And Corporate Governance," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 7, pages 369-374, April.
  • Handle: RePEc:cmj:seapas:y:2015:i:7:p:369-374
    as

    Download full text from publisher

    File URL: http://seaopenresearch.eu/Journals/articles/SPAS_7_52.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Brian Bushee, 2004. "Identifying and Attracting the "right" Investors: Evidence on the Behavior of Institutional Investors," Journal of Applied Corporate Finance, Morgan Stanley, vol. 16(4), pages 28-35.
    2. Fianna Jesover & Grant Kirkpatrick, 2005. "The Revised OECD Principles of Corporate Governance and their Relevance to Non‐OECD Countries," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(2), pages 127-136, March.
    3. Chris Mallin & Andy Mullineux & Clas Wihlborg, 2005. "The Financial Sector and Corporate Governance: the UK case," Corporate Governance: An International Review, Wiley Blackwell, vol. 13(4), pages 532-541, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Massimo Colombo & Annalisa Croce & Samuele Murtinu, 2014. "Ownership structure, horizontal agency costs and the performance of high-tech entrepreneurial firms," Small Business Economics, Springer, vol. 42(2), pages 265-282, February.
    2. Michele Pizzo, 2013. "Related party transactions under a contingency perspective," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 17(2), pages 309-330, May.
    3. Ali, Ashiq & Klasa, Sandy & Zhen Li, Oliver, 2008. "Institutional stakeholdings and better-informed traders at earnings announcements," Journal of Accounting and Economics, Elsevier, vol. 46(1), pages 47-61, September.
    4. Douglas Cumming & Sofia Johan, 2007. "Socially Responsible Institutional Investment in Private Equity," Journal of Business Ethics, Springer, vol. 75(4), pages 395-416, November.
    5. Wei Shen & Richard Gentry, 2014. "A cyclical view of the relationship between corporate governance and strategic management," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 18(4), pages 959-973, November.
    6. Nebert Mandala & E. Kaijage & J. Aduda & C. Iraya, 2018. "An Empirical Investigation of the Relationship between Board Structure and Performance of Financial Institutions in Kenya," Journal of Finance and Investment Analysis, SCIENPRESS Ltd, vol. 7(1), pages 1-3.
    7. Jonathan Edwards & Simon Wolfe, 2007. "Ethical and Compliance‐Competence Evaluation: a key element of sound corporate governance," Corporate Governance: An International Review, Wiley Blackwell, vol. 15(2), pages 359-369, March.
    8. David Souder & Greg Reilly & Philip Bromiley & Scott Mitchell, 2016. "A Behavioral Understanding of Investment Horizon and Firm Performance," Organization Science, INFORMS, vol. 27(5), pages 1202-1218, October.
    9. YAN, Beibei & AERTS, Walter, 2014. "Rhetorical impression management in corporate narratives and institutional environment," Working Papers 2014014, University of Antwerp, Faculty of Business and Economics.
    10. Francesca Gennari, 2019. "How to Lead the Board of Directors to a Sustainable Development of Business with the CSR Committees," Sustainability, MDPI, vol. 11(24), pages 1-17, December.
    11. Shakti Deb & Indrajit Dube, 2017. "Corporate Governance Disclosure for Complex Ownership Structure in India," Indian Journal of Corporate Governance, , vol. 10(2), pages 143-175, December.
    12. Edward Kassem & Oldrich Trenz, 2020. "Automated Sustainability Assessment System for Small and Medium Enterprises Reporting," Sustainability, MDPI, vol. 12(14), pages 1-23, July.
    13. Billings, M.B. & Jennings, R. & Lev, B., 2013. "On guidance and volatility," Research Memorandum 039, Maastricht University, Graduate School of Business and Economics (GSBE).
    14. Abdelsalam, Omneya & Chantziaras, Antonios & Batten, Jonathan A. & Aysan, Ahmet Faruk, 2021. "Major shareholders’ trust and market risk: Substituting weak institutions with trust," Journal of Corporate Finance, Elsevier, vol. 66(C).
    15. Kee H. Chung & Sean Yang, 2015. "Reverse Stock Splits, Institutional Holdings, and Share Value," Financial Management, Financial Management Association International, vol. 44(1), pages 177-216, March.
    16. Haiyan Jiang & Ahsan Habib, 2009. "The impact of different types of ownership concentration on annual report voluntary disclosures in New Zealand," Accounting Research Journal, Emerald Group Publishing Limited, vol. 22(3), pages 275-304, November.
    17. Abraham, Santhosh & Cox, Paul, 2007. "Analysing the determinants of narrative risk information in UK FTSE 100 annual reports," The British Accounting Review, Elsevier, vol. 39(3), pages 227-248.
    18. Esen KARA & Duygu ACAR ERDUR & Lale KARABIYIK, 2015. "Effects Of Corporate Governance Level On The Financial Performance Of Companies: A Research On BIST Corporate Governance Index (XKURY)," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 15(2), pages 265-274.
    19. Bok Gyo Jeong & Seongho An & Geiguen Shin, 2024. "Mapping policy agenda in international development: Reflections on OECD Development Centre Working Papers from 1990 to 2017," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(1), pages 502-523, January.
    20. Dumitrascu Luminita Mihaela, 2012. "The Sound Of Corporate Governance," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 921-924, July.

    More about this item

    Keywords

    Institutional investors; Corporate governance; Segment reporting; Transparency;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    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:cmj:seapas:y:2015:i:7:p:369-374. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Serghie Dan (email available below). General contact details of provider: https://seaopenresearch.eu/ .

    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.