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Koh, P.S. (2007) Institutional Investor Type, Earnings Management and Benchmark Beaters. Journal of Accounting and Public Policy, 26, 267-299.
https://doi.org/10.1016/j.jaccpubpol.2006.10.001

has been cited by the following article:

• TITLE: Fund Shareholding and Enterprise Innovation—Based on the Research of Chinese A-Share Listed Companies

  AUTHORS: Hanyu Li

  KEYWORDS: Fund Holdings, R&D Expenditures, Long-Term Funds, Short-Term Funds, Average Holding Time

  JOURNAL NAME: American Journal of Industrial and Business Management, Vol.9 No.4, April 22, 2019

  ABSTRACT: This paper takes China’s A-share listed companies in 2006-2016 as a sample, and divides fund investors into long-term funds and short-term funds according to the average position time. It empirically analyzes the impact of funds of different transaction nature on enterprise R&D investment. The research findings in this paper are as follows: Different from the “short-sighted theory” in previous studies, short-term fund does not inhibit the investment in research and development, and long-term fund ownership can significantly promote the innovation investment of the company. In high-tech enterprises, this kind of promotion effect is inhibited, but the inhibition effect is not obvious.