Editor-in-chief

Prof. Paul Sudnik

Munich University of Applied Sciences, Germany

As the Editor-in-Chief of IJSSH, I invite you to contribute your scholarly work to our esteemed publication. The journal publishes papers which focus on the advanced researches in the field of all aspects of social science and humanity. I'll endeavour to make this journal grow better and hopefully it will become a recognized journal among researchers and scholars in related fields.

Home > Archive > 2012 > Volume 2 Number 2 (Mar. 2012)
IJSSH 2012 Vol.2(2): 112-116 ISSN:2010-3646
DOI: 10.7763/IJSSH.2012.V2.78

Concentration of Ownership in Iranian Listed Firms

Meysam Foroughi and Masood Fooladi

Abstract—An important mechanism to monitor the firm’s activities and assure investors to get an appropriate return on their investment is corporate governance (CG). In fact, corporate ownership structure is the most major and determining factor in CG mechanism influencing the scope of a firm performance. Therefore, the aim of this study is to answer this question: ''is there any relationship between ownership concentration and firm performance?'' Based on stratified random sampling of listed firms on Tehran Stock Exchange and applying the panel least squared with crosssection weights as the underlying statistical test, it is found that firm performance is negatively related to ownership concentration of Iranian listed firms. In addition, the impact of ownership structure on firm performance depends on industry

Index Terms—Corporate governance, firm performance, ownership concentration, agency theory.

The authors are with Department of Accounting, Mobarakeh Branch, Islamic Azad University, Isfahan, Iran (e-mail: foladim57@gmail.com).

[PDF]

Cite: Meysam Foroughi and Masood Fooladi, "Concentration of Ownership in Iranian Listed Firms," International Journal of Social Science and Humanity vol. 2, no. 2, pp. 112-116, 2012.

PREVIOUS PAPER
NEXT PAPER

Copyright © 2008-2025. International Journal of Social Science and Humanity. All rights reserved.

E-mail: ijssh.editorial.office@gmail.com