Suchergebnisse

<p>There are many studies found in the field of stock volatility and institutional investors. Most of the studies found an inconsistent relationship between volatility and institutional investors. It creates a curiosity in the mind of investor, whether riskier securities attract institutional investors or an increase in institutional holdings results in an increase in volatility.</p><p><br />In this paper we tried to examine the impact of institutional ownership pattern on stock volatility. We have considered BSE-30 companies and taken 5 year data from 1st January 2009 to 1st January 2014. Our result shows that institutional ownership has positive and significant impact on stock volatility.</p>

<div><p><em>There is a great deal of disarray with respect to different scholars about the relationship between the volatility and the institutional holdings pattern. The deciding variable is very vague and the precedence pattern is also not known. This relationship is consistent with two stories that either riskier asset attracts the institutional investors or the increment in the institutional holding result in the increase in the volatility. This research is directed towards finding the precedence and the sector wise impact of the institutional holding pattern.</em></p></div>