Essays on institutional investments

Institutional investors play a crucial role in leveraging their advantages in obtaining market information and professional knowledge for corporate operations. While there have been numerous studies on institutional investors, the distinctive background of China, characterised by its concentrated ow...

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Main Author: Li, Dan
Format: Thesis (University of Nottingham only)
Language:English
English
Published: 2024
Subjects:
Online Access:https://eprints.nottingham.ac.uk/77200/
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author Li, Dan
author_facet Li, Dan
author_sort Li, Dan
building Nottingham Research Data Repository
collection Online Access
description Institutional investors play a crucial role in leveraging their advantages in obtaining market information and professional knowledge for corporate operations. While there have been numerous studies on institutional investors, the distinctive background of China, characterised by its concentrated ownership structure and strong governmental control, calls for further investigation. Notably, recent government focus on relaxing restrictions on financial institutions' investment activities has significantly altered the investment strategies of institutional investors, consequently changing their management of firms that they hold shares. Furthermore, the distinct government ownership in the Chinese market may expose companies to significant political interference, potentially driving managers to make corporate decisions that prioritise political goals over economic efficiency. Collectively, an in-depth investigation on the roles of institutional investors in the context of China is necessary. In this thesis, our study contributes to a deeper understanding of the interactions between institutional investors, corporate governance, and firm performance.
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English
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spelling nottingham-772002025-02-28T15:19:50Z https://eprints.nottingham.ac.uk/77200/ Essays on institutional investments Li, Dan Institutional investors play a crucial role in leveraging their advantages in obtaining market information and professional knowledge for corporate operations. While there have been numerous studies on institutional investors, the distinctive background of China, characterised by its concentrated ownership structure and strong governmental control, calls for further investigation. Notably, recent government focus on relaxing restrictions on financial institutions' investment activities has significantly altered the investment strategies of institutional investors, consequently changing their management of firms that they hold shares. Furthermore, the distinct government ownership in the Chinese market may expose companies to significant political interference, potentially driving managers to make corporate decisions that prioritise political goals over economic efficiency. Collectively, an in-depth investigation on the roles of institutional investors in the context of China is necessary. In this thesis, our study contributes to a deeper understanding of the interactions between institutional investors, corporate governance, and firm performance. 2024-03-15 Thesis (University of Nottingham only) NonPeerReviewed application/pdf en cc_by https://eprints.nottingham.ac.uk/77200/1/Corrected%20PhD%20thesis%20Dan%20Li.pdf application/pdf en cc_by https://eprints.nottingham.ac.uk/77200/2/Dan%27s%20Responses%20to%20the%20feedback%20from%20Viva%20report.pdf Li, Dan (2024) Essays on institutional investments. PhD thesis, University of Nottingham. Institutional ownership Firm performance Corporate governance Agency theory Share repurchases Mutual funds socially responsible investments fund performance
spellingShingle Institutional ownership
Firm performance
Corporate governance
Agency theory
Share repurchases
Mutual funds
socially responsible investments
fund performance
Li, Dan
Essays on institutional investments
title Essays on institutional investments
title_full Essays on institutional investments
title_fullStr Essays on institutional investments
title_full_unstemmed Essays on institutional investments
title_short Essays on institutional investments
title_sort essays on institutional investments
topic Institutional ownership
Firm performance
Corporate governance
Agency theory
Share repurchases
Mutual funds
socially responsible investments
fund performance
url https://eprints.nottingham.ac.uk/77200/