Investigating the relationship between the institutional ownership and conservative elements in Tehran Stock Exchange

The institutional ownership has been one of the most important elements of capital markets worldwide so that most of these investments are done by this organization. This research investigated the effect of institutional ownership on the conservative elements in Tehran Stock Exchange. The Hypotheses of this research were developed by using the conservative theories of Basu (e.g. Basu , 1997) and the models presented by Lara et al (e.g. Lara et al., 2007). Using the data of financial statements and stock prices of 115 companies approved in Tehran Stock Exchange during 2008 to 2013 and multivariate linear regression analysis, the results showed that the institutional ownership of companies does not affect the conservative elements