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- W2357386345 abstract "This paper selects the Shanghai and Shenzhen A-share listed in 2007~2009 as the sample companies.After dividing institutional investors into the pressure-sensitive and pressure-resistant types,the researchers aim to study the governance effects of institutional investors from the perspective of the superpowers of different types of school.The results show that institutional ownership can have important influence on listed companies as to whether to give cash dividends.It is found that the higher the shareholding of institutional investors,the lower their possibility to give cash dividends and that in building a portfolio,institutional investors will avoid investing in listed companies that give supernatural dividends.Shareholding by pressure-resistant institutional investors will reduce the possibility to give cash dividends while shareholding by pressure-sensitive institutional investors will not." @default.
- W2357386345 created "2016-06-24" @default.
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- W2357386345 date "2011-01-01" @default.
- W2357386345 modified "2023-09-23" @default.
- W2357386345 title "Can Institutional Ownership Inhibit Ultra-ability Cash Dividends" @default.
- W2357386345 hasPublicationYear "2011" @default.
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