Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

effect of institutional ownership on value and risk on Tehran Stock Exchange

Document Type : Original Article

Authors
1 Auditor
2 Master of Accounting
3 parandak
4 کارشناسی ارشد حسابداری دانشگاه پیام نور واحد بهشهر، بهشهر، ایران
Abstract
The purpose of the present study is to investigate the effect of institutional ownership on the value and risk taking of Tehran Stock Exchange-based companies. Institutional ownership was determined through the ratio of ordinary shares to institutional investors in a company to the total shares of that company. The statistical population of the research was capital-listed companies active in Tehran Stock Exchange in the year 2013 to 1396, with 116 companies selected by sampling. In order to test the hypotheses, the type of regression model was first determined, then the statistical regression models were estimated. The results of the data analysis showed that the results of the data analysis showed that the institutional ownership of stocks had a significant effect on the value and risk taking of Tehran Stock Exchange companies.
Keywords