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        1 - Investigating the impact of management ability on stock price concurrency emphasizing the role of institutional investors
        Ali Jafari Afsaneh Sogandi
        The concept of stock price simultaneity and the factors affecting it, which represents a part of stock price awareness, has been the target of many researches in the capital market. Various factors can affect the simultaneity of stock prices. Institutional investors, wi More
        The concept of stock price simultaneity and the factors affecting it, which represents a part of stock price awareness, has been the target of many researches in the capital market. Various factors can affect the simultaneity of stock prices. Institutional investors, with their active monitoring of company managers, not only affect the performance of the company, but also the quality of profits and reduce the efforts of senior managers to manage profits. The purpose of this research is to investigate the effect of management ability on stock price concurrency with emphasis on the moderating role of institutional investors. In terms of cognitive method, this research is descriptive and in terms of purpose, it is of applied type and it is among quasi-experimental, correlational and post-event researches. The sample of the study included 140 companies listed in Tehran Stock Exchange during the years 2014-2021. We used the documentary research method to collect information on theoretical foundations and background of the research and Rahavardnovin Software and information available on the Tehran Stock Exchange website to collect the required data. Finally, we tested the research hypotheses using a multivariate linear regression model and panel data and Eviews12 software. Findings of the research indicate that the management ability has a negative and significant effect on the stock price concurrency. Also, institutional investors do not have a moderating effect on the relationship between management ability and stock price concurrency. Manuscript profile