Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/310675 
Year of Publication: 
2017
Citation: 
[Journal:] Journal of Accounting and Management Information Systems (JAMIS) [ISSN:] 2559-6004 [Volume:] 16 [Issue:] 3 [Year:] 2017 [Pages:] 297-319
Publisher: 
Bucharest University of Economic Studies, Bucharest
Abstract: 
It is very important for investors to get accurate and reliable information so that they can earn large amounts of revenue from decisions they make. However, in recent years, population growth, the expansion of the economy and the complexity of economic life have reduced the credibility of the information presented. The need for accurate and reliable information leads to requests for accounting and auditing activities. The independent audit, which increases the credibility of the information provided by the company and the reports it prepares, is also important in terms of investors, lenders and business owners. The aim of this study is to determine whether institutional investors are influenced by independent audit practices and the results of their investment decisions, and if so, how effective they are. In this study, firstly information about institutional investors is given and the factors affecting investment decisions are mentioned. Later, information on auditing was included. In the last part of the study, a questionnaire was applied to the managers of institutional investors consisting of banks, brokerage houses, investment trusts and portfolio management companies registered in the Turkish Capital Markets Association (TCMA) to investigate whether any independent auditing practices and results had any effect on investment decisions of institutional investors. As a result of the analyzes made, it has been determined that institutional investors consider the independent audit report and its results together with the investment decisions of the independent audit financial tables and have effects on their decisions.
Subjects: 
Institutional Investor
Investment Decisions
Independent Audit
JEL: 
G11
M41
M42
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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