The effect of management ownership on firm financial performance : an empirical study on Egyptian firms listed in the Egyptian stock market
Joint Authors
Yusri, Nurhan
al-Shafii, Muhammad
Source
Journal of Faculty of Commerce for Scientific Research
Issue
Vol. 53, Issue 2 (31 Jul. 2016), pp.21-37, 17 p.
Publisher
Alexandria University Faculty of Law
Publication Date
2016-07-31
Country of Publication
Egypt
No. of Pages
17
Main Subjects
Economics & Business Administration
Abstract EN
The effect of ownership structure.^ on firm performance is considered as an important subject that interests many researchers.
This research examines the relationship between management ownership and firm financial performance for 91 non-financial Egyptian firms listed in the Eg\ptian stock market for tne fiscal year 2012.
Management ownership was measured as the percentage of shares owned by members of board of directors in the firm.
While, firm financial performarce was measured using Tobin's Q.
SPSS software was used to analyze the empirical study data; through using descriptive statistics, Ko-Imogorov-Smimov test, Pearson correlation coefficients, and multiple regression analysis.
The empirical results found a significant non-linear (Quadratic) relationship bet//een management ownership and firm financial performance.
The results show also that there is a positive relationship between management ownership and Tobin's Q for values of management ownership exceeding approximately 7%.
American Psychological Association (APA)
Yusri, Nurhan& al-Shafii, Muhammad. 2016. The effect of management ownership on firm financial performance : an empirical study on Egyptian firms listed in the Egyptian stock market. Journal of Faculty of Commerce for Scientific Research،Vol. 53, no. 2, pp.21-37.
https://search.emarefa.net/detail/BIM-826649
Modern Language Association (MLA)
Yusri, Nurhan& al-Shafii, Muhammad. The effect of management ownership on firm financial performance : an empirical study on Egyptian firms listed in the Egyptian stock market. Journal of Faculty of Commerce for Scientific Research Vol. 53, no. 2 (Jul. 2016), pp.21-37.
https://search.emarefa.net/detail/BIM-826649
American Medical Association (AMA)
Yusri, Nurhan& al-Shafii, Muhammad. The effect of management ownership on firm financial performance : an empirical study on Egyptian firms listed in the Egyptian stock market. Journal of Faculty of Commerce for Scientific Research. 2016. Vol. 53, no. 2, pp.21-37.
https://search.emarefa.net/detail/BIM-826649
Data Type
Journal Articles
Language
English
Notes
Record ID
BIM-826649