This paper examines the relationship between firms’ ownership structure and financial performance as measured by Return on assets (ROA), return on equity (ROE) and Tobin’s Q in Egypt, using a sample of fifty listed companies between 2003 and 2015. The main dimensions of the ownership structure are: Managerial Ownership, Government Ownership and Block Holders. Data was extracted from the annual reports of these companies and from available information on their websites. The study used regression as a tool of analysis. The results confirm a positive relationship between managerial and government ownership structure and financial performance. However, an insignificant relationship was found between government ownership and the firm performance of the firms under study.
El Moslemany, R., & Nathan, D. (2018). The Effect of Ownership Structure on Firm’s Financial Performance: An Empirical Study on companies listed on the Egyptian Stock Exchange. Journal of Alexandria University for Administrative Sciences, 55(1), 29-46. doi: 10.21608/acj.2018.36828
MLA
Racha El Moslemany; Demyana Nathan. "The Effect of Ownership Structure on Firm’s Financial Performance: An Empirical Study on companies listed on the Egyptian Stock Exchange", Journal of Alexandria University for Administrative Sciences, 55, 1, 2018, 29-46. doi: 10.21608/acj.2018.36828
HARVARD
El Moslemany, R., Nathan, D. (2018). 'The Effect of Ownership Structure on Firm’s Financial Performance: An Empirical Study on companies listed on the Egyptian Stock Exchange', Journal of Alexandria University for Administrative Sciences, 55(1), pp. 29-46. doi: 10.21608/acj.2018.36828
VANCOUVER
El Moslemany, R., Nathan, D. The Effect of Ownership Structure on Firm’s Financial Performance: An Empirical Study on companies listed on the Egyptian Stock Exchange. Journal of Alexandria University for Administrative Sciences, 2018; 55(1): 29-46. doi: 10.21608/acj.2018.36828
)
مشاهدة على SCiNiTO