Institutional Investor Heterogeneity, Accounting Information Quality and Enterprise Performance
DOI:
https://doi.org/10.54097/fbem.v4i2.877Keywords:
Institutional investors, Heterogeneity, Accounting information quality, Business performance.Abstract
Taking all A-share listed companies from 2015 to 2019 as the research object, this paper makes an empirical analysis of the relationship between institutional investors and accounting information quality and corporate performance, and further explores the influence of different institutional investors on accounting information quality and corporate performance, and the effect of institutional investor heterogeneity is analyzed from the perspective of enterprise nature. Empirical shows that: institutional investors holdings of listed companies has a positive role in promoting enterprise performance, especially the high independence of institutional investors to promote more obvious, accounting information quality of enterprise performance also has a significant positive effect, but by the influence of institutional investors holdings, accounting information quality positive impact on enterprise performance will change significantly. The research results of this paper have certain reference significance for investors to invest and participate in corporate governance.
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