Dynamic Nexus between Ownership Structures and Commercial Bank Performance: A Study of Commercial Banks of Pakistan
DOI:
https://doi.org/10.47205/jdss.2024(5-I)30Keywords:
Ownership Structure (OS), Concentrated Ownership (OC), Institutional Ownership (IO), Managerial Ownership (MO), Foreign Ownership (FO)Abstract
The study's objective is to explore the impact of ownership structures (OS) on firm performance and, consequently, the country's overall economic prosperity. The role of well-performing commercial banking in fostering economic growth is undeniable. A firm's ownership Structure (OS) is responsible for designing and allocating power to management. The relationship between OS and commercial bank performance has not yet been explored in Pakistan. This study addresses this gap by examining 20 banks listed on the Pakistan Stock Exchange from 2010 to 2021. Fixed effect panel regression is performed. Results confirmed that OS has a significant positive impact on performance. This study emphasizes prioritizing and achieving the desirable OS to achieve banks' strategic objectives and develop their flexibility for sustainability by improving governance practices.
Downloads
Published
Details
-
Abstract Views: 220
PDF Downloads: 117
How to Cite
Issue
Section
License
Copyright (c) 2024 Journal of Development and Social Sciences
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
ORIENTS SOCIAL RESEARCH CONSULTANCY (OSRC) & Journal of Development and Social Sciences (JDSS) adheres to Creative Commons Attribution-Non Commercial 4.0 International License. The authors submitting and publishing in JDSS agree to the copyright policy under creative common license 4.0 (Attribution-Non Commercial 4.0 International license). Under this license, the authors published in JDSS retain the copyright including publishing rights of their scholarly work and agree to let others remix, tweak, and build upon their work non-commercially. All other authors using the content of JDSS are required to cite author(s) and publisher in their work. Therefore, ORIENTS SOCIAL RESEARCH CONSULTANCY (OSRC) & Journal of Development and Social Sciences (JDSS) follow an Open Access Policy for copyright and licensing.