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Research on the relationship between institutional investor research meeting and the performance of listed companies

Research on the relationship between institutional investor research meeting and the performance... The purpose of this paper is to empirically analyze the relationship between institutional investors research meeting and performance of companies being researched.Design/methodology/approachUsing empirical research method, this study designs and conducts an empirical research according to empirical research’s basic norms. Thus, the authors acquire needed and credible empirical data.FindingsBy analyzing the empirical data, there is a significant positive effect between institutional investors research meeting and the earnings per share of company being researched. Improvement in the level of the research meetings of the institutional investors strengthens the external supervision of management, alleviates the information asymmetry between management and shareholders, improves the management efficiency of the company and ultimately increases the performance of the company. When the performance of a company is better, we can find that the role of II research meetings is more significant. In addition, II research meetings are better able to improve the performance of state-owned enterprises.Originality/valueThis study empirically analyzes and verifies the roles of institutional investors research meeting in improve the performance of the company being researched. The authors expand the channel of institutional investors research behaviors to improve the performance of listed companies by strengthening the supervision and restraint of management behavior. Additionally, via a reverse study, it is found that the situation of the researched company itself is also one of the factors that determine the results of institutional investors research meetings. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png China Finance Review International Emerald Publishing

Research on the relationship between institutional investor research meeting and the performance of listed companies

Zhang, Jingqin; Ye, Yong
China Finance Review International , Volume 10 (3): 14 – Jun 18, 2020
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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
2044-1398
DOI
10.1108/cfri-12-2018-0151
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to empirically analyze the relationship between institutional investors research meeting and performance of companies being researched.Design/methodology/approachUsing empirical research method, this study designs and conducts an empirical research according to empirical research’s basic norms. Thus, the authors acquire needed and credible empirical data.FindingsBy analyzing the empirical data, there is a significant positive effect between institutional investors research meeting and the earnings per share of company being researched. Improvement in the level of the research meetings of the institutional investors strengthens the external supervision of management, alleviates the information asymmetry between management and shareholders, improves the management efficiency of the company and ultimately increases the performance of the company. When the performance of a company is better, we can find that the role of II research meetings is more significant. In addition, II research meetings are better able to improve the performance of state-owned enterprises.Originality/valueThis study empirically analyzes and verifies the roles of institutional investors research meeting in improve the performance of the company being researched. The authors expand the channel of institutional investors research behaviors to improve the performance of listed companies by strengthening the supervision and restraint of management behavior. Additionally, via a reverse study, it is found that the situation of the researched company itself is also one of the factors that determine the results of institutional investors research meetings.

Journal

China Finance Review International – Emerald Publishing

Published: Jun 18, 2020

Keywords: Corporate performance; Earnings per share; Institutional investors research meeting; G14; G18

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