Information Uncertainty and Institutional Ownership

碩士 === 國立臺灣大學 === 財務金融學研究所 === 106 === This study investigates the effects of information uncertainty on institutional share-holding and overweight behavior, including share-holding behavior of different types of institutional investor (TRA, Non-TRA). The empirical results show that the information...

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Main Authors: Jo-Yang Yuan, 袁若洋
Other Authors: 廖咸興
Format: Others
Language:zh-TW
Published: 2018
Online Access:http://ndltd.ncl.edu.tw/handle/q32y7s
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spelling ndltd-TW-106NTU053040482019-05-30T03:50:57Z http://ndltd.ncl.edu.tw/handle/q32y7s Information Uncertainty and Institutional Ownership 資訊不確定與機構投資人持股 Jo-Yang Yuan 袁若洋 碩士 國立臺灣大學 財務金融學研究所 106 This study investigates the effects of information uncertainty on institutional share-holding and overweight behavior, including share-holding behavior of different types of institutional investor (TRA, Non-TRA). The empirical results show that the information uncertainty has a significant negative effect on institutional share-holding and overweight behavior. This negative relationship is robust after adding controlling variables. The negative effect of information uncertainty is more significant on the non-TRA institutional investors than on TRA ones. In addition, the effect of information uncertainty also defers in one period. 廖咸興 2018 學位論文 ; thesis 47 zh-TW
collection NDLTD
language zh-TW
format Others
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description 碩士 === 國立臺灣大學 === 財務金融學研究所 === 106 === This study investigates the effects of information uncertainty on institutional share-holding and overweight behavior, including share-holding behavior of different types of institutional investor (TRA, Non-TRA). The empirical results show that the information uncertainty has a significant negative effect on institutional share-holding and overweight behavior. This negative relationship is robust after adding controlling variables. The negative effect of information uncertainty is more significant on the non-TRA institutional investors than on TRA ones. In addition, the effect of information uncertainty also defers in one period.
author2 廖咸興
author_facet 廖咸興
Jo-Yang Yuan
袁若洋
author Jo-Yang Yuan
袁若洋
spellingShingle Jo-Yang Yuan
袁若洋
Information Uncertainty and Institutional Ownership
author_sort Jo-Yang Yuan
title Information Uncertainty and Institutional Ownership
title_short Information Uncertainty and Institutional Ownership
title_full Information Uncertainty and Institutional Ownership
title_fullStr Information Uncertainty and Institutional Ownership
title_full_unstemmed Information Uncertainty and Institutional Ownership
title_sort information uncertainty and institutional ownership
publishDate 2018
url http://ndltd.ncl.edu.tw/handle/q32y7s
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AT yuánruòyáng zīxùnbùquèdìngyǔjīgòutóuzīrénchígǔ
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