期刊名称:International Journal of Economics and Finance Studies
电子版ISSN:1309-8055
出版年度:2009
卷号:1
期号:2
出版社:Social Sciences Research Society
摘要:The studies on ownership structure provides us with several testable hypothesis as well as empirical evidence from different countries. The study describes the main characteristics of ownership identities of the Turkish manufacturing companies listed on the Istanbul Stock Exchange (ISE) and examines the impact of ownership identity on performance. The identity of the owners has implications for their objectives and the way exercise their power, and this is reflected in company strategy. A multinomial logit model has been developed to study the effects of different ownership identities on the selection of performance measurements. The model is then applied to explain the performance of ownership structure in manufacturing companies in Turkey.
关键词:Ownership Structure; Ownership Identity; Company Performance; Multinomial Logit;Model.3