التفاصيل البيبلوغرافية
| العنوان: |
Institutional Investments in India: A Review of the Literature. |
| المؤلفون: |
Sahu, Amiya K.1 amiyasahu@gim.ac.in, Vaswani, L. K.2 lkv@ksrm.ac.in, Chakraborty, Amrita3 amritachakraborty@isb.edu |
| المصدر: |
IUP Journal of Corporate Governance. Apr2014, Vol. 13 Issue 2, p42-59. 18p. |
| مصطلحات موضوعية: |
*INSTITUTIONAL investments, *FINANCIAL performance, *FINANCIAL institutions, *INVESTORS, *FOREIGN investments |
| مصطلحات جغرافية: |
INDIA |
| مستخلص: |
This paper reviews the relevant literature on institutional investment and firm performance in India. It discusses the development of institutional investments in general under different segments like ownership and firm performance, role of large shareholders, and institutions as large shareholders in influencing corporate governance, reducing agency costs and affecting firm performance. It then discusses the monitoring role of institutional investors and the cost and benefits of monitoring. It also describes institutional investment in India and segments it into different groups of institutions and summarizes the extant studies in each category, i.e., mutual funds, banks and financial institutions, and foreign financial institutions. The paper shows that studies have reported divergent results in the context of developed economies. Although the history of institutional investment in India is short and the number of research in the Indian context is limited, they report evidence of monitoring. While the influence of mutual funds and banks is not clear, recent studies have argued that foreign institutional investors' shareholding has a positive influence on firm performance. [ABSTRACT FROM AUTHOR] |
|
Copyright of IUP Journal of Corporate Governance is the property of IUP Publications and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| قاعدة البيانات: |
Business Source Index |
Full Text Finder