| dc.contributor | 會計系 | en_US |
| dc.creator (作者) | Liang, Jia-Wen ; Lin, Mei-Feng ; Chin, Chen-Lung | en_US |
| dc.date (日期) | 2012.07 | en_US |
| dc.date.accessioned | 31-Mar-2014 16:09:45 (UTC+8) | - |
| dc.date.available | 31-Mar-2014 16:09:45 (UTC+8) | - |
| dc.date.issued (上傳時間) | 31-Mar-2014 16:09:45 (UTC+8) | - |
| dc.identifier.uri (URI) | https://ah.lib.nccu.edu.tw/item?item_id=73246 | - |
| dc.description.abstract (摘要) | This study examines the relationship between foreign institutional ownership and voluntary disclosure in an emerging market. By exploiting a unique dataset of daily foreign investment flow and ownership data from Taiwan, this paper examines whether foreign ownership is associated with the likelihood of holding conference calls and investigates whether conference calls are informative to foreign market participants. After controlling for other characteristics of a firm’s information environment, we find that the decision to hold conference calls is positively associated with foreign institutional ownership. We also provide evidence that the trading turnover by foreign institutional investors immediately increases after the conference calls, indicating that conference calls are informative for foreign institutional investors. Our results are robust, after controlling for endogeneity. | en_US |
| dc.format.extent | 305205 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Review of Quantitative Finance and Accounting,39(1), 55-76 | en_US |
| dc.subject (關鍵詞) | Voluntary disclosure ; Conference calls ; Foreign institutional investors ; Trading turnover | - |
| dc.title (題名) | Does foreign institutional ownership motiate firms in an emerging market to increase voluntary disclosure? Evidence from Taiwam | en_US |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1007/s11156-011-0245-0 | en_US |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1007/s11156-011-0245-0 | en_US |
