- [CrossRef] Cheng, Lingsha, and Yongmin Zhang. 2022. Do able managers take more risks? Journal of Innovation & Knowledge 7: 100182.
Paper not yet in RePEc: Add citation now
[CrossRef] Harford, Jarrad. 1999. Corporate cash reserves and acquisitions. Journal of Finance 54: 1969–97. [CrossRef] Hennessy, Christopher A. 2004. Tobins Q, debt overhang and investment. Journal of Finance 59: 1717–42. [CrossRef] Hope, Ole-Kristian, and Wayne B. Thomas. 2008. Managerial empire building and firm disclosure. Journal Accounting Research 46: 591–626. [CrossRef] Jensen, Michael C. 1986. Agency costs of free cash flow, corporate finance, and takeovers. The American Economic Review 76: 323–29.
[CrossRef] J. Risk Financial Manag. 2022, 15, 290 17 of 17 McConnell, John J., and Henri Servaes. 1990. Additional evidence on equity ownership and corporate value. Journal of Financial Economics 27: 595–612. [CrossRef] Mehrani, Sasan, Mohammad Moradi, and Hoda Eskandar. 2017. Institutional ownership type and earnings quality: Evidence from Iran. Emerging Market Finance and Trade 53: 54–73. [CrossRef] Nguyen-Anh, Tuan, Chinh Hoang-Duc, Linh Nguyen-Thi-Thuy, Vuong Vu-Tien, Uyen Nguyen-Dinh, and Nguyen To-The. 2022. Do intangible assets stimulate firm performance? Empirical evidence from Vietnamese agriculture, forestry and fishery small-and medium-sized enterprises. Journal of Innovation & Knowledge 7: 100194.
[CrossRef] Maug, Ernst. 1998. Large shareholders as monitors: Is there a tradeoff between liquidity and control? Journal of Finance 53: 65–98.
- [CrossRef] Stoughton, Neal M., Kit Pong Wong, and Long Yi. 2016. Investment efficiency and product market competition. Journal of Financial and Quantitative Analysis 52: 2611–42. [CrossRef] Sun, Kaiyue. 2014. The Relationship between Ownership Structure and Investment Efficiency in China-Funding on SOEs and Foreign Owned Enterprises. Ph.D. thesis, Georgetown University, Washington, DC, USA.
Paper not yet in RePEc: Add citation now
Abel, Andrew. 1983. Optimal investment under uncertainty. American Economic Review 73: 228–33. Aghion, Philippe, John Van Reenen, and Luigi Zingales. 2013. Innovation and institutional ownership. American Economic Review 103: 277–304. [CrossRef] Alawi, Suha Mahmoud, Abbassi Wajih, Saqib Rukhma, and Sharif Madeeha. 2022. Impact of Financial Innovation and Institutional Quality on Financial Development in Emerging Markets. Journal of risk and financial management 15: 115. [CrossRef] Arouri, Mohamed El Hedi, Sabri Boubaker, and Duc Khuong Nguyen, eds. 2013. Emerging Markets and the Global Economy: A Handbook. Cambridge: Academic Press.
Attig, Najah, Sean Cleary, Sadok El Ghoul, and Omrane Guedhami. 2012. Institutional investment horizon and investment—Cash flow sensitivity. Journal of Banking & Finance 36: 1164–80.
Baik, Bok, Jun-Koo Kang, and Jin Mo Kim. 2010. Local institutional investors, information asymmetries, and equity returns. Journal of Financial Economics 97: 81–106. [CrossRef] J. Risk Financial Manag. 2022, 15, 290 16 of 17 Bertrand, Marianne, and Sendhil Mullainathan. 2003. Enjoying the quiet life? Corporate governance and managerial preferences.
Cao, Yue, Dong Yizhe, Lu Yu, and Ma Diandian. 2020. Does institutional ownership improve firm investment efficiency? Emerging Markets Finance and Trade 56: 2772–92. [CrossRef] Chen, Chiung-Jung, and Chwo-Ming Joseph Yu. 2012. Managerial ownership, diversification, and firm performance: Evidence from an emerging market. International Business Review 21: 518–34. [CrossRef] Chen, I-Ju, and Sheng-Syan Chen. 2017. Corporate governance and the investment efficiency of diversified corporate asset buyers.
- Chen, Naiwei, Hao-Chang Sung, and Jingjing Yang. 2017. Ownership Structure, Corporate Governance and Investment Efficiency of Chinese Listed Firms. Pacific Accounting Review 29: 266–82. [CrossRef] Chen, Xia, Jarrad Harford, and Kai Li. 2007. Monitoring: Which institutions matter? Journal of Financial Economics 86: 279–305.
Paper not yet in RePEc: Add citation now
Gordon, Myron J. 1992. The Neoclassical and a post Keynesian theory of investment. Journal of Post Keynesian Economics 14: 425–43.
- Journal of Applied Corporate Finance 29: 99–114. [CrossRef] Chen, Luxi, Chunlei Liu, and Guanyu Wang. 2013. Financial constraints, investment efficiency and corporate governance: Empirical evidence from China. Paper presented at 10th International Conference on Service Systems and Service Management (ICSSSM), Hong Kong, China, July 17–19.
Paper not yet in RePEc: Add citation now
- Journal of Financial Economics 76: 135–65. [CrossRef] Ghauri, Pervez N. 2015. Reintegrating Iran with the West: Challenges and Opportunities. Bentley: Emerald Group Publishing.
Paper not yet in RePEc: Add citation now
Journal of Financial Economics 88: 499–533. [CrossRef] Fich, Eliezer M., Jarrad Harford, and Anh L. Tran. 2015. Motivated monitors: The importance of institutional investors’ portfolio weights. Journal of Financial Economics 118: 21–48. [CrossRef] Fung, Scott, and Shih-Chuan Tsai. 2012. Institutional Ownership and Corporate Investment Performance. Canadian Journal of Administrative Sciences 29: 348–65. [CrossRef] Gaspar, José-Miguel, Massimo Massa, and Pedro Matos. 2005. Shareholder investment horizons and the market for corporate control.
Journal of Political Economy 111: 1043–75. [CrossRef] Biddle, Gray C., Gilles Hilary, and Rodrigo S. Verdi. 2009. How does financial reporting quality relate to investment efficiency? Journal of Accounting and Economics 48: 112–31. [CrossRef] Blanchard, Olivier Jean, Florencio Lopez-de Silanes, and Andrei Shelefer. 1994. What do firms do with cash windfalls? Journal of Financial Economics 36: 337–60. [CrossRef] Bushee, Brian J. 1998. The influence of institutional investors on myopic R&D investment behavior. The Accounting Review 73: 305–34.
- Kempf, Elisabeth, Alberto Manconi, and Oliver Spalt. 2016. Distracted shareholders and corporate actions. Review of Financial Studies 30: 1660–95. [CrossRef] Koh, Ping-Sheng. 2007. Institutional investor type, earnings management and benchmark beaters. Journal of Accounting and Public Policy 26: 267–99. [CrossRef] Lambert, Richard, Christian Leuz, and Robert Verrecchia. 2007. Accounting information, disclosure, and the cost of capital. Journal of Accounting Research 45: 385–420. [CrossRef] Li, Donghui, Fariborz Moshirian, Peter Kien Pham, and Jason Zein. 2006. When financial institutions are large shareholders: The role of macro corporate governance environments. Journal of Finance 61: 2975–3007. [CrossRef] Mashayekhi, Bita, and Shahnaz Mashayekh. 2008. Development of accounting in Iran. The International Journal of Accounting 43: 66–86.
Paper not yet in RePEc: Add citation now
Titman, Sheridan, John Wei, and Feixue Xie. 2004. Capital investments and stock returns. Journal of Financial and Quantitative Analysis 39: 677–700. [CrossRef] Tr ˛ apczyński, Piotr, Tilo F. Halaszovich, and Dorota Piaskowska. 2020. The role of perceived institutional distance in foreign ownership level decisions of new MNEs. Journal of Business Research 108: 435–49. [CrossRef] Velury, Uma, and David S. Jenkins. 2006. Institutional ownership and the quality of earnings. Journal of Business Research 59: 1043–51.
- Wong, Kit Pong, and Long Yi. 2015. Institutional Investors and Corporate Investment. Working Paper. Paris: EFMA.
Paper not yet in RePEc: Add citation now
Yan, Xuemin, and Zhe Zhang. 2009. Institutional investors and equity returns: Are short-term institutions better informed? Review of Financial Studies 22: 893–924. [CrossRef] Yildiz, Yilmaz. 2021. Foreign institutional investors, information asymmetries, and asset valuation in emerging markets. Research in International Business and Finance 56: 10138–48. [CrossRef]