Foreign institutional investors (FII’s) preferences for firm specific attributes: A study of Indian equity market

Pages: 411-418
Dilraj Kaur, Mohit Gupta, and Navdeep Aggarwal (Department of School of Business Studies, Punjab Agricultural University, Ludhiana, Punjab)

The aim of present study is to assess the significant firm specific attributes as important determinants of FII shareholding. Quarterly shareholding values of top 50 shares in terms of FII shareholding collected from 1st April 2010 to 31 st December 2017 was regressed upon by quarterly values of firm specific attributes. The important and significant firm specific attributes were found to be age of company, return on assets, market capitalization, dividend yield, beta of company, net profit margin and issue of ADR/ GDR.