The relationship between ownership structure and firm performance / Nadrah Mohd Madrah

• Main Author: Mohd Madrah, Nadrah
• Format: Student Project
• Language: English
• Published: 2015
• Subjects: Success in business. Performance
• Online Access: https://ir.uitm.edu.my/id/eprint/80457/1/80457.pdf; https://ir.uitm.edu.my/id/eprint/80457/
• Institution: Universiti Teknologi Mara

This study is conducted to explore the link between ownership structure and firm performance among the non-financial Public Listed Companies. Ownership structure is represented by Managerial Ownership and Concentration Ownership. ROA and Roe were used to measure the firm performance. Cross sectional were used to identify the relationship among the variables. The data collected for this research is for the period 2009-2013 and the sample consists of 21 companies. Three specific research questions are applied to explore the relationships between the percentage held by Managerial Ownership and Concentration ownership. Result showed that there are negative relationship between Managerial Ownership and ROA, and also negative relationship with ROE. Concentration Ownership has a positive relationship with ROA and ROE. For control variables, Asset turnover a significant and positive relationship ROA. While Debt ratio has no significant and negative relationship with ROA. Asset turnover and Debt ratio has a significant relationship and significant relationship with ROE.