The Effect of Institutional Investors on Idiosyncratic Volatility in Iran Stock Market

Please enable javascript in your browser.

This page was sent successfuly

Bookmark

1453 viewed

اثرات سرمایه‌گذاران حقوقی بر روی نوسانات خاص در بازار سهام ایران

506 Viewed

Type of Document: M.Sc. Thesis
Language: Farsi
Document No: 57572 (44)
University: Sharif University of Technology
Department: Management and Economics
Advisor(s): Talebian, Masoud; Haghbaali, Mahdi
Abstract:
In this research, we investigated the relationship between the percentage of institutional investors and two components of idiosyncratic volatility. We show a negative relationship between the percentage of institutional investors and the firm-specific volatility in the next month which lasts for six months. Regarding the industry-specific volatility, there is also a negative relationship, but it lasts only for one month
Keywords:
Idiosyncratic Volatility ; Institutional Investors ; Firm-Specific Volatility ; Industry-Specific Volatility ; Stock Market

No TOC