Top Institutional Investors and Accounting Comparability

In this study, I hypothesize that two firms that have the same top institutional investor (i.e., institutional investor with the largest shareholding) have higher accounting comparability than other firm pairs. I find evidence consistent with this hypothesis. In addition, firm-pairs whose top institutional investors are monitoring institutions (regardless of whether they are the same institutions) exhibit greater comparability than other firm-pairs whose top institutional investors are non-monitoring institutions. Collectively, these findings corroborate the important role top institutional investors play in influencing firms’ financial reporting decisions.

Name thesis:degree_name

Doctor of Philosophy

Level thesis:degree_level

Doctoral

Discipline thesis:degree_discipline

Business Administration

Grantor

University of Houston

Year dc:date.issued

2020

Author dc:creator

• Le, Thien T. H.

Advisors dc:contributor.advisor

• Lobo, Gerald J.
• Muslu, Volkan

Committee members dc:contributor.committeemember

• Neel, Michael J.
• Yerramilli, Vijay

• Institutional Investors
• Accounting Comparability

Statement dc:rights

• The author of this work is the copyright owner. UH Libraries and the Texas Digital Library have their permission to store and provide access to this work. Further transmission, reproduction, or presentation of this work is prohibited except with permission of the author(s).

Language dc:language.iso

eng

Handle dc:identifier.uri

https://hdl.handle.net/10657/7921

OAI identifier oai:identifier

oai:uh-ir.tdl.org:10657/7921