Can Institutional Investor Clique Play a Governance Role? Based on the Perspective of Insider Reduction
This article takes China’s A-share non-financial industry listed companies from 2007 to 2015 as a sample, starting from the social network algorithm, to study whether the grouping behavior of institutional investors in the network can affect the degree of executive reduction in the future. The study...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2021-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_01066.pdf |
| _version_ | 1818946365154131968 |
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| author | Peng Yuxiang Li Bingxiang |
| author_facet | Peng Yuxiang Li Bingxiang |
| author_sort | Peng Yuxiang |
| collection | DOAJ |
| description | This article takes China’s A-share non-financial industry listed companies from 2007 to 2015 as a sample, starting from the social network algorithm, to study whether the grouping behavior of institutional investors in the network can affect the degree of executive reduction in the future. The study found that there is a significant positive correlation between the shareholding ratio of institutional investors in group holdings and the degree of future reduction of executives. This article explores the interactive behavior of Chinese institutional investors in the network, and expands the research of institutional investors on corporate governance and executives’ future reduction behaviors. |
| first_indexed | 2024-12-20T08:13:51Z |
| format | Article |
| id | doaj.art-b45de697b4094b51b8e7ccdc895f9d02 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-20T08:13:51Z |
| publishDate | 2021-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-b45de697b4094b51b8e7ccdc895f9d022022-12-21T19:47:12ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012350106610.1051/e3sconf/202123501066e3sconf_netid2021_01066Can Institutional Investor Clique Play a Governance Role? Based on the Perspective of Insider ReductionPeng Yuxiang0Li Bingxiang1School of Economics and Management, Xi’an University of TechnologySchool of Economics and Management, Xi’an University of TechnologyThis article takes China’s A-share non-financial industry listed companies from 2007 to 2015 as a sample, starting from the social network algorithm, to study whether the grouping behavior of institutional investors in the network can affect the degree of executive reduction in the future. The study found that there is a significant positive correlation between the shareholding ratio of institutional investors in group holdings and the degree of future reduction of executives. This article explores the interactive behavior of Chinese institutional investors in the network, and expands the research of institutional investors on corporate governance and executives’ future reduction behaviors.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_01066.pdf |
| spellingShingle | Peng Yuxiang Li Bingxiang Can Institutional Investor Clique Play a Governance Role? Based on the Perspective of Insider Reduction E3S Web of Conferences |
| title | Can Institutional Investor Clique Play a Governance Role? Based on the Perspective of Insider Reduction |
| title_full | Can Institutional Investor Clique Play a Governance Role? Based on the Perspective of Insider Reduction |
| title_fullStr | Can Institutional Investor Clique Play a Governance Role? Based on the Perspective of Insider Reduction |
| title_full_unstemmed | Can Institutional Investor Clique Play a Governance Role? Based on the Perspective of Insider Reduction |
| title_short | Can Institutional Investor Clique Play a Governance Role? Based on the Perspective of Insider Reduction |
| title_sort | can institutional investor clique play a governance role based on the perspective of insider reduction |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/11/e3sconf_netid2021_01066.pdf |
| work_keys_str_mv | AT pengyuxiang caninstitutionalinvestorcliqueplayagovernancerolebasedontheperspectiveofinsiderreduction AT libingxiang caninstitutionalinvestorcliqueplayagovernancerolebasedontheperspectiveofinsiderreduction |