A comparative study on the financial performance as measured by the economic value added (EVA) of selected publicly listed holding firms with varying degrees of ownership concentration for the period 2002 to 2004
The researchers aim to distinguish which type of ownership concentration will perform better. The researchers compared four types of ownership concentration from simple minority ownership (33% and below) to majority ownership (67% and above). The study determines the relation of ownership concentrat...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
2005
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/18456 |
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| Institution: | De La Salle University |
| Language: | English |
| Summary: | The researchers aim to distinguish which type of ownership concentration will perform better. The researchers compared four types of ownership concentration from simple minority ownership (33% and below) to majority ownership (67% and above).
The study determines the relation of ownership concentration with the firms' performance using economic value added (EVA). Selected publicly listed holding firms with different degrees of ownership concentration were used for this study.
After computing for EVA of the companies under each type of ownership concentration, the researchers found a U-shape relationship between the firms' performance and ownership concentration. The lowest and highest type of ownership performs better than the moderate levels of ownership concentration. |
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