The Relationship between Ownership Structure and Firm Performance: An Empirical Analysis over ?stanbul Stock Exchange (ISE) Listed Companies
Year: 2011
Type: article
Abstract: This study investigates the relationship between ownership structure and corporate performance of 50 companies, listed in manufacturing industry on the Istanbul Stock Exchange during the 2005-2008 period. The study uses the share of the largest shareholder as ownership structure variables, tobin’s q and profit before tax divided by total asset as performance variables, and leverage and firm size (total asset) as control variables. For variables, first panel unit root and Hausman tests were made and then panel data analysis were applied. Accoarding to the result of analysis, while TLS were observed to have possitive effect on PBT, no effects were observed on TOB.
Source: International Business Research
DOI: 10.5539/ibr.v5n1p172
Institutions: Tokat Gaziosmanpaşa Üniversitesi, Kilis 7 Aralık University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W1969897463