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The Impact of Corporate Ownership on Corporate Financial Performance in the Developing Markets

Year: 2025

Type: article

Abstract: The ownership structure of companies is one of the main factors that affect their financial performance in developing markets. This paper purposes to study the relationship between company ownership, whether public sector, private sector and the corporate financial performance of 108 firms from bursa Malaysia from 2019 to 2024, the data from annual reports and DataStream. The research is found there are positive and significant relationship between corporate ownership and corporate financial performance. The results of studies indicate that the company's ownership structure is one of the significant factors that affect financial performance. Companies rely on different strategies to increase their profitability and improve their financial performance, and it is believed that the ownership can affect administrative decisions, the level of transparency, and governance, which is directly reflected in financial performance. These results confirm the importance of adopting effective governance strategies when designing the ownership structure in order to improve the financial performance of the firm and enhance its long-term sustainability.

Source: South Asian Journal of Social Sciences and Humanities

DOI: 10.48165/sajssh.2024.6210

Authors: Hussein Mahdi Makttoof, Hussein Salah Jalal, Asia Hasan Hadi, Akeel Dakheel Kareem, Yousif Mousa Sabti

Institutions: Imam Ja’afar Al-Sadiq University, Al-Muthanna University

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W4409214496

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