Investment horizon of institutional investors and financial restatement likelihood Conference

Guldiken, O. (2015). Investment horizon of institutional investors and financial restatement likelihood . 987-992. 10.5465/AMBPP.2015.103



cited authors

  • Guldiken, O

fiu authors

abstract

  • Building on insights from the recent literature in strategic management, I hypothesize a negative relationship between institutional investors' investment horizon and financial restatement likelihood. Results from a multi-year sample of 182 firms from Fortune 1000 firms provide empirical support for this prediction. CEO duality and outside director compensation structure do not moderate this relationship.

publication date

  • January 1, 2015

Digital Object Identifier (DOI)

start page

  • 987

end page

  • 992