IDEAS home Printed from https://ideas.repec.org/p/boa/wpaper/202533.html
   My bibliography  Save this paper

From Site Visits to Swift Audits: The Influence of Institutional Investors

Author

Listed:
  • Baibing Huang

    (Macau University of Science and Technology)

  • Shaohua Tian

    (Macao Polytechnic University)

  • Yang Zhang

    (University of Macau)

  • Huanhuan Zheng

    (National University of Singapore)

Abstract

This paper investigates the influence of institutional investors' corporate site visits on the timeliness of financial reporting. Utilizing data from publicly traded firms listed in the Shenzhen Stock Exchange (SZSE) in China, the study reveals that companies that receive a greater number of site visits from institutional investors exhibit shorter delays in the issuance of audit reports. These findings remain robust even after conducting various robustness checks and employing alternative estimation methods to address potential endogeneity concerns. Additionally, supplementary analysis suggests that institutional investors' site visits may enhance financial statement timeliness by facilitating more efficient acquisition of information and promoting enhanced corporate governance practices. Moreover, the study finds that institutional investors' site visits contribute to the timely disclosure of audit reports without compromising their quality. These significant findings hold important implications for firms, investors, and policymakers.

Suggested Citation

  • Baibing Huang & Shaohua Tian & Yang Zhang & Huanhuan Zheng, 2025. "From Site Visits to Swift Audits: The Influence of Institutional Investors," Working Papers 202533, University of Macau, Faculty of Business Administration.
    • Handle: RePEc:boa:wpaper:202533
    as

    Download full text from publisher

    File URL: https://fba.um.edu.mo/wp-content/uploads/RePEc/doc/202533.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boa:wpaper:202533. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Carla Leong (email available below). General contact details of provider: https://edirc.repec.org/data/fbmacmo.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.