Hong, Yizhao; Cao, Chongyan - In: Journal of risk and financial management : JRFM 16 (2023) 2, pp. 1-21
Based on the impact of industry extreme return on the attention of institutional investors, taking Chinese A …-share listed companies from 2011 to 2020 as a sample, this paper empirically tests the relationship between institutional investors …-resistant institutional investors. The mechanism test finds that based on the governance effect, information effect and psychological effect …