scholarly journals The Effect of Owner-Based and Lender-Based Governance Mechanisms on the Financial Performance of Listed Companies in Sri Lanka

2019 ◽  
Vol 10 (2) ◽  
pp. 103
Author(s):  
G. Y. Ekanayake ◽  
Samanthi Senaratne ◽  
A. A. Azeez
Keyword(s):  
Sri Lanka ◽  
Financial Performance ◽  
Listed Companies ◽  
Governance Mechanisms

scholarly journals The Signaling Effect of Dividends on The Market & Financial Performance of Listed Companies in Sri Lanka

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
M. B. D. N. Karunarathne ◽  
A. K. Y. Sewwandi ◽  
I. B. N. Subhashini ◽  
Arachchige T. O. Wickrama
Keyword(s):  
Sri Lanka ◽  
Financial Performance ◽  
Listed Companies ◽  
Signaling Effect

scholarly journals A Study on Ownership Structure and Financial Performance of Listed Beverage Food and Tobacco Companies in Sri Lanka

2017 ◽  
Vol 7 (2) ◽  
pp. 36
Author(s):  
Saseela Balagobei ◽  
Thirunavukkarasu Velnampy
Keyword(s):  
Sri Lanka ◽  
Financial Performance ◽  
Ownership Structure ◽  
Relevant Literature ◽  
Foreign Ownership ◽  
Study Data ◽  
Secondary Sources ◽  
Correlation And Regression Analysis ◽  
Corporate Governance Mechanisms ◽  
The Impact

The relevant literature suggests that ownership structure is one of the main corporate governance mechanisms influencing the scope of financial performance. The aim of this study is to investigate the relationship between ownership structure and financial performance of listed beverage food and tobacco companies for the period of 2010-2015. This study also examines the impact of ownership structure on financial performance. The sample consists of 10 listed beverage food and tobacco companies in Sri Lanka. In this study, data was collected from secondary sources and hypotheses are examined by using Pearson’s correlation and regression analysis. The results reveal that ownership concentration and foreign ownership structure are positively correlated with financial performance of listed beverage food and tobacco companies while institutional ownership structure isn’t significantly correlated with financial performance. It is also found that there is a significant impact of foreign ownership structure on financial performance. Higher the foreign ownership structure in listed beverage food and tobacco companies, the higher the financial performance which is preferable for the shareholders and it improves the wealth of companies.

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