Accounting and Auditing Research

Accounting and Auditing Research

Survey about relation between institutional ownership and stocks price fluctuations in acceptable companies in stock exchange of Tehran.

Document Type : Original Article

Authors
Hasan Mehrmanesh
Ali Andarz Jadeh Kenari
10.22034/iaar.2014.104393
Abstract
This research surveys bilateral and reciprocal relation between institutional ownership and stocks price fluctuations in acceptable companies in stock exchange of Tehran. In line with this purposes, All of the acceptable companies in stock exchange of Tehran be surveyed on the basis of that, they had presented financial account (balance sheet, profit  and  detriment  account  and necessary information in 2007-2011. In totally be selected 95 companies of different industries. For hypothesis test  be  used of   multiple variable regression (Inter method) and their meaning done by F and T. too, for model self-cohesiveness be used of Camera- Watson test. The result of the research shows that between received results of this research be confirmed meaning full relation between institutional ownership and stocks price fluctuations. But not confirmed bilateral and reciprocal relation between institutional ownership and stocks price fluctuations.   
Accounting and Auditing Research
Volume 6, Issue 22
Summer 2014
Pages 124-139