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370954

EXAMINING THE EFFECT OF OWNERSHIP STRUCTURE ON FIRM FINANCIAL PERFORMANCE IN EGYPT

Article

Last updated: 04 Jan 2025

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Tags

المحاسبة

Abstract

The study intends to ascertain the relationship between ownership structure and financial performance. As a result, research hypotheses were created and statistically tested using the deductive technique. Using the exchange's official websites, we searched for the fifty most active companies listed on the EGX between 2004 and 2019. The findings indicate the following; the first hypothesis that financial performance that managerial ownership and financial success are associated was disproved by the results. Contrary to the second supposition, institutional ownership has a strong positive correlation with financial success. The fourth hypothesis, which contends that free float ownership is related to financial performance, also yielded results that were comparable. The third theory, which proposed a connection between block holder ownership and financial success, cannot be confirmed because of a multicollinearity problem.

DOI

10.21608/jces.2023.370954

Keywords

Business Ownership Structure, managerial ownership, institutional ownership, Free Float Ownership, Return on Assets, Return on Equity, Tobin Q

Authors

First Name

Karim

Last Name

El Din Samir Mohamed El Nahas

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First Name

Eleri

Last Name

Jones

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Affiliation

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First Name

Claire

Last Name

Haven-Tang

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Affiliation

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First Name

Ahmed

Last Name

Sakr

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First Name

Aiman

Last Name

Ragab

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Volume

14

Article Issue

4

Related Issue

45560

Issue Date

2023-10-01

Receive Date

2023-10-01

Publish Date

2023-10-01

Page Start

392

Page End

433

Print ISSN

2090-3782

Link

https://jces.journals.ekb.eg/article_370954.html

Detail API

https://jces.journals.ekb.eg/service?article_code=370954

Order

12

Type

المقالة الأصلية

Type Code

986

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات التجارية والبيئية

Publication Link

https://jces.journals.ekb.eg/

MainTitle

EXAMINING THE EFFECT OF OWNERSHIP STRUCTURE ON FIRM FINANCIAL PERFORMANCE IN EGYPT

Details

Type

Article

Created At

24 Dec 2024