scholarly journals Ownership Structure Characteristics and Firm Performance: A Conceptual Study

2014 ◽  
Vol 4 (2) ◽  
pp. 464 ◽  
Author(s):  
Ebrahim Mohammed Al-Matari ◽  
Abdullah Kaid Al-Swidi ◽  
Faudziah Hanim Fadzil
Keyword(s):  
Developing Countries ◽  
Firm Performance ◽  
Ownership Structure ◽  
Relevant Literature ◽  
Developed Countries ◽  
Managerial Ownership ◽  
Government Ownership ◽  
Ownership Structures ◽  
The Developed Countries ◽  
Conceptual Study

<h1>Abstract</h1><p>This study aims to offer a comprehensive description of the relevant literature that related to the association between the ownership structures namely, ownership concentration, managerial ownership, government ownership, foreign ownership and institutional ownership and firm performance. Ownership structure is among the corporate governance primary mechanisms. Ownership structure has been a target of many analysts and scholars alike for few decades but there is a lack of prior studies that examined these relationships in the developing countries. Additionally, there is few studies were trying to examine these factors together with firm performance in the developed countries but there is a rare research to test this association in the developing countries. So, the main objective of this study is to bridge this gap and try to enrich existing literature review. As we know, the ownership is to play a significant role to enhance performance through offer encouragement both in public and foreign investors to invest without concern on future risk. Moreover, it provides investors’ confidence to continue for achieving their target. Finally, this study offers many future recommendations as explained.</p>

scholarly journals The effect of the ownership structure characteristics on firm performance in Oman: Empirical study

2016 ◽  
Vol 13 (2) ◽  
pp. 93-100 ◽  
Author(s):  
Ebrahim Mohammed Al-Matari ◽  
Ali Saleh Al_arussi
Keyword(s):  
Regression Analysis ◽  
Firm Performance ◽  
Ownership Structure ◽  
Annual Report ◽  
Ownership Concentration ◽  
Managerial Ownership ◽  
Government Ownership ◽  
Structure Characteristics ◽  
Independent Variables ◽  
The Relationship

This study attempts to investigate the effect of the ownership structure characteristics (ownership concentration, managerial ownership and government ownership) on firm performance (ROA) among non-financial Omani companies during 2012-2014. For achieving the objective of this study, 81 firms were taken as a sample to test the above relations. The sampling was obtained from annual report of the companies for three years with a total sampling equal to 243 firms. Multiple regression analysis was employed to test the relationship between independent variables and dependent variable. In addition, this study tried to fill the gap in the existing literature concerning the relationship between ownership structure and firm performance in the developing countries such as Oman. This study found a positive and significant association between ownership concentration and government ownership to firm performance (ROA). The study provides some suggestions for future researchers before the conclusion.

scholarly journals Mixed Ownership Structures and Firm Performance in China Listed Firms

2017 ◽  
Vol 8 (4) ◽  
pp. 80
Author(s):  
Xiaolou Yang
Keyword(s):  
Firm Performance ◽  
Executive Compensation ◽  
Ownership Structure ◽  
Government Ownership ◽  
Executive Pay ◽  
Enterprise Reform ◽  
Listed Firms ◽  
Ownership Structures ◽  
Top Managers ◽  
And Performance

China has achieved impressive economic growth since market reforms. The design of appropriate compensation structures is imperative so as to incentivize top managers, but little research has been done to examine the top management compensation structure in China. This study investigates how listed firms in China relate executive compensation to their firm performance and how such relationships are influenced by firm ownership structure. The results provide evidence showing strong link between compensation and performance varies across firms with different ownership structure. Private ownership enhances the link between firm performance and top CEOs compensation, while government ownership weakens executive pay-performance relation and thus makes the firms less effective in solving the agency problem between shareholders and management. It suggests enterprise reform in China will need to be supplemented by change in ownership structure in order to ensure fully success by transforming its State Owned Enterprises (SOEs) to corporations in the direction of converting state shares to public shares.

scholarly journals Ownership Structure and Firm Performance: A Pragmatic Evidence From Pakistan

2018 ◽  
Vol 5 (2) ◽  
pp. 47
Author(s):  
Naveeda Akhter Katper ◽  
Vivake Anand ◽  
Adbul Subhan Kazi
Keyword(s):  
Developing Countries ◽  
Ownership Structure ◽  
Corporate Performance ◽  
Developed Countries ◽  
Managerial Ownership ◽  
Panel Data Models ◽  
Significant Determinant ◽  
Black And White ◽  
Financial Firms ◽  
The Given

Agency theory suggests that allowing managers to participate in firm’s ownership assists as an operative instrument to cut agency costs and augment performance of the firm. While the managerial ownership’s role in corporate performance has been profoundly scrutinized for the firms in developed countries, there is a lack of such research, in black and white, on the non-financial firms in developing countries. The study aims seeks to inspect the impression of managerial ownership on the performance of Pakistani firms. This observational investigation endeavours to look for a connection between managerial ownership and firm execution on the 75 firms from 2009 to 2013 in Pakistan. Using panel data models, this study finds mixed results in different methods. We find no strong evidence for the managerial ownership as a significant determinant of the corporate performance for the given sample of Pakistani firms. Besides, the connection is vigorous to various procedures of firm.

scholarly journals Ownership Structure and Firm Performance

2020 ◽  
Vol 11 (2) ◽  
pp. 293
Author(s):  
Gholamreza Zandi ◽  
Jaspal Singh ◽  
Shafi Mohamad ◽  
Syed Ehsanullah
Keyword(s):  
Firm Performance ◽  
Empirical Evidence ◽  
Ownership Structure ◽  
Positive Relationship ◽  
Stock Exchange ◽  
Rate Of Return ◽  
Managerial Ownership ◽  
Ownership Structures ◽  
Sample Data ◽  
Accounting Rate

This study implies that diffuse ownership structure negatively affects firm performance. Our study based on empirical evidence found that the ownership structure (the outsider and the insider i.e. managerial ownership) favorably increase the firm performance. Our sample data was based on 200 Malaysian companies listed on the Malaysian stock exchange Bursa Malaysia. We used Tobin’s Q and accounting rate of return for firm performance measurement and compared it with important ownership structure and managerial ownership structure. Our results indicate that both ownership structures have a positive relationship with firm performance.

International Economic Assistance in the 1970's — A Critique of Partners in Development (Review Article)

1970 ◽  
Vol 10 (4) ◽  
pp. 469-490
Author(s):  
Nurul Islam
Keyword(s):  
Developing Countries ◽  
Foreign Aid ◽  
International Aid ◽  
Developed Countries ◽  
Armed Conflicts ◽  
Economic Assistance ◽  
Self Help ◽  
Service Charge ◽  
The Developed Countries ◽  
Defence Expenditure

Foreign economic aid is at the cross-roads. There is an atmosphere of gloom and disenchantment surrounding international aid in both the developed and developing countries — more so in the former than in the latter. Doubts have grown in the developed countries, especially among the conservatives in these countries, as to the effectiveness of aid in promoting economic development, the wastes and inefficiency involved in the use of aid, the adequacy of self-help on the part of the recipient countries in husbanding and mobilising their own resources for development and the dangers of getting involved, through ex¬tensive foreign-aid operations, in military or diplomatic conflicts. The waning of confidence on the part of the donors in the rationale of foreign aid has been accentuated by an increasing concern with their domestic problems as well as by the occurrence of armed conflicts among the poor, aid-recipient countries strengthened by substantial defence expenditure that diverts resources away from development. The disenchantment on the part of the recipient countries is, on the other hand, associated with the inadequacy of aid, the stop-go nature of its flow in many cases, and the intrusion of noneconomic considerations governing the allocation of aid amongst the recipient countries. There is a reaction in the developing countries against the dependence, political and eco¬nomic, which heavy reliance on foreign aid generates. The threat of the in¬creasing burden of debt-service charge haunts the developing world and brings them back to the donors for renewed assistance and/or debt rescheduling.

A Decade of the World Trade Organization and the Trade Performance of Muslim Countries

2010 ◽  
Vol 27 (4) ◽  
pp. 23-44
Author(s):  
Ruzita Mohd. Amin
Keyword(s):  
Developing Countries ◽  
World Trade Organization ◽  
World Trade ◽  
Developed Countries ◽  
Playing Field ◽  
Muslim Countries ◽  
The World ◽  
The Developed Countries ◽  
Merchandise Trade ◽  
Wto Agreements

The World Trade Organization (WTO), established on 1 January 1995 as a successor to the General Agreement on Tariffs and Trade (GATT), has played an important role in promoting global free trade. The implementation of its agreements, however, has not been smooth and easy. In fact this has been particularly difficult for developing countries, since they are expected to be on a level playing field with the developed countries. After more than a decade of existence, it is worth looking at the WTO’s impact on developing countries, particularly Muslim countries. This paper focuses mainly on the performance of merchandise trade of Muslim countries after they joined the WTO. I first analyze their participation in world merchandise trade and highlight their trade characteristics in general. This is then followed by a short discussion on the implications of WTO agreements on Muslim countries and some recommendations on how to face this challenge.

scholarly journals Taxing impact of terrorism on global economic openness of developed and developing countries

2018 ◽  
Vol 68 (3) ◽  
pp. 311-335
Author(s):  
Abubakr Saeed ◽  
Yuhua Ding ◽  
Shawkat Hammoudeh ◽  
Ishtiaq Ahmad
Keyword(s):  
Developing Countries ◽  
Negative Impact ◽  
Developed Countries ◽  
Terrorist Attacks ◽  
Economic Openness ◽  
Significant Negative Impact ◽  
Military Expenditures ◽  
The Developed Countries ◽  
The Impact ◽  
The Relationship

This study examines the relationship between terrorism and economic openness that takes into account both the number and intensity of terrorist incidents and the impact of government military expenditures on trade-GDP and foreign direct investment-GDP ratios for both developed and developing countries. It uses the dynamic GMM method to account for endogeneity in the variables. Deaths caused by terrorism have a significant negative impact on FDI flows, and the number of terrorist attacks is also found to be significant in hampering the countries’ ability to trade with other nations. The study also demonstrates that the developing countries exhibit almost similar results to our main analysis. The developed countries exhibit a negative impact of terrorism, but the regression results are not significant.

scholarly journals Research and Publication from Developing Countries

2020 ◽  
Vol 42 (3) ◽  
Author(s):  
Mohan R Sharma
Keyword(s):  
Developing Countries ◽  
Burden Of Disease ◽  
Disease Burden ◽  
Developed Countries ◽  
Publishing Research ◽  
Economic Factors ◽  
Middle Income ◽  
High Burden ◽  
Middle Income Countries ◽  
The Developed Countries

In 2002, Richard Smith wrote an editorial, “publishing research from developing countries” in the Journal “Statistics in Medicine” highlighting the importance of research and publication from the developing countries (DCs).1 In that article, he mentioned the disparity in research and publication between the developed and developing countries. Almost two decades on, the problem still largely remains the same. It is estimated that more than 80% of the world’s population lives in more than 100 developing countries.2 In terms of disease burden, the prevalence and mortality from diseases in the low and middle-income countries are disproportionately high compared to developed countries.3 Although there is a high burden of disease, we base our treatment inferring results from research and publication from the developed countries which may not be fully generalizable due to geographical cultural, racial, and economic factors. This is where the problem lies.

Cycle of Poverty in Developing Countries

2021 ◽  
pp. 126-139
Author(s):  
Opeyemi Idowu Aluko
Keyword(s):  
Developing Countries ◽  
Developed Countries ◽  
Economic Situation ◽  
Economic Cycle ◽  
The Social ◽  
Political Cycle ◽  
The World ◽  
The Developed Countries ◽  
Cycle Of Poverty ◽  
Do So

Poverty is no longer fashionable even in the less developed countries of the world. The world has deemed poverty-ridden regions of the world as ‘anathema', forbidden, and ignoble. At the same time ways to get out of the menace are regularly strategised over a period of time. The developed countries of the world had been able to nip poverty to the bud significantly, but the developing countries still have a lot to do so as to overcome the menace. Poverty in the developing countries operates in a cycle of repetitions. This makes it difficult to curtail. How can poverty be reduced in the developing countries? This study reveals the reason while poverty has become a domestic phenomenon in developing countries and the way forward. The theory on poverty is evaluated alongside the present economic situation in Africa. The cycle of poverty, which includes the social cycle of poverty (SCP), political cycle of poverty (PCP), and the economic cycle of poverty (ECP), are examined. This study analyses the strategies to break the cycle of poverty in Africa and other developing countries.

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