Theoretical and Applied Economics
No. 4 / 2019 (621), Winter
Corporate ownership structure and performance: An enquiry into India
National Institute of Securities Markets (NISM), Maharashtra, India
Jinesh PANCHALI
Arham Advisors, Navi Mumbai, India
Abstract. Influence of corporate ownership structure on corporate performance and governance has been a matter of debate and investigation in the literature of financial performance, and financial economics. This study explores the nature and extent of the relationship between ownership category and financial performance of the firm in limited manner. It investigates as to how heterogeneity of owners as well as the ownership category of the firm, per se, impacts the corporate performance. Employing panel regression model, the results show ownership structure impacts financial performance but only selectively, and the strength of the impact appears weak. This creates a basis for further analysis to understand the incentives and examine the impact of ownership structure on corporate financial performance across the sectors and the markets.
Contents
Expanding the Eurozone. The stage of economic convergence for Bulgaria, Czech Republic, Croatia, Hungary, Poland and Romania
Business R&D investments in the EU: Main dynamics and economic effects
Volatility experience of major world stock markets
Unemployment hysteresis analysis for OECD countries
Culture as a driving factor for foreign direct investments in the Western Development Region of Romania
A Deep Neural Network (DNN) based classification model in application to loan default prediction
The new Keynesian Phillips Curve. Implications. Strengths and weaknesses
Corporate ownership structure and performance: An enquiry into India
Turkey’s macroeconomic policy challenges in the aftermath of the 2018 crisis: A sectoral financial balances analysis
Main aspects on the nature of dynamic models
An analyses model of the Romanian privately managed pension system
Dynamic models used in analysis capital and population
Poverty rate determinants in the Central and Eastern Europe member states
Wagner versus Keynesian Hypothesis: Role of aggregate and disaggregate expenditure in Pakistan
GARCH based VaR estimation: An empirical evidence from BRICS stock markets
Does FDI substitute exports of home country? A case of US FDI in select Asian economies
Exploring the role of institutions in cross country Malmquist productivity analysis: A two-stage double bootstrap DEA approach
Does the Mundell-Fleming Model apply to Poland?
The validity of Okun’s Law: Evidences from Indian economy