文献类型：期刊文献

英文题名：Institutional ownership and corporate transparency in China

作者：Liu, Ningyue[1];Laing, Elaine[2];Cao, Yue[3];Zhang, Xiaofei[4]

第一作者：Liu, Ningyue

通讯作者：Cao, Y[1]

机构：[1]Beijing Inst Technol, Sch Management & Econ, 5 South,Zhongguancun St, Beijing 100081, Peoples R China;[2]Trinity Coll Dublin, Coll Green, Sch Business, Dublin 2, Ireland;[3]Hunan Univ, Sch Business, 2 South Lushan Rd, Changsha 410082, Hunan, Peoples R China;[4]Henan Univ Econ & Law, Sch Accounting, 180 Jinshui East Rd, Zhengzhou 450046, Henan, Peoples R China

第一机构：Beijing Inst Technol, Sch Management & Econ, 5 South,Zhongguancun St, Beijing 100081, Peoples R China

通讯机构：[1]corresponding author), Hunan Univ, Sch Business, 2 South Lushan Rd, Changsha 410082, Hunan, Peoples R China.

年份：2018

卷号：24

起止页码：328-336

外文期刊名：FINANCE RESEARCH LETTERS

收录：;Scopus(收录号：2-s2.0-85041602231);WOS:【SSCI(收录号:WOS:000426537700040)】；

基金：Ningyue Liu thanks the funding support of National Science Foundation of China (No. 71502014 and No. 71672007).

语种：英文

外文关键词：Accounting information transparency; China; Corporate governance transparency; Institutional ownership; Mutual funds

摘要：This letter examines the effect of institutional ownership on corporate information transparency in Chinese listed firms. We find strong evidence that mutual fund and qualified foreign institutional investors significantly improve corporate transparency. Our results suggest that institutional shareholders play an important role in improving both corporate governance and accounting transparency and are consistent with the view that institutional investors monitor and protect the interests of minority shareholders.