期刊名称：Journal of Accounting and Finance in Emerging Economies
印刷版ISSN：2519-0318
电子版ISSN：2518-8488
出版年度：2020
卷号：6
期号：4
页码：1181-1187
DOI：10.26710/jafee.v6i4.1478
语种：English
出版社：CSRC Publishing
摘要：The study is conducted with the objective to investigate the impact of firm performance (FP) on financial sustainability (FS) in a developing nation, Pakistan and additionally to see the moderating role of type of ownership i.e. Institutional Ownership (IO) or Managerial Ownership (MO) in the FP-FS relationship. Sample of the study included all the non-financial firms listed on Pakistan Stock Exchange PSX and time covered is from 2009-2018. In total there are 2734 observations. Empirical results of the study suggests that FP has a positive relationship with FS but the relation is not significant. Moreover, findings indicate this relationship is significantly negatively moderated by Intuitional Ownership (IO) whereas the relationship is not significant under the moderation impact of Managerial Ownership (MO).
