How Labour Market Regulation Shapes Bank Performance in Eu-15 Countries?

Koutsomanoli‐Filippaki, Anastasia; Mamatzakis, Emmanuel

doi:10.2139/ssrn.4184236

Cited by 1 publication

(1 citation statement)

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“…Desoky and Mousa (2013) measured ownership concentration by the fraction of shares owned by the largest three shareholding interests and ownership identity as the fraction of shares owned by different type of shareholders. Munisi et al (2014) viewed ownership concentration as the portion of shares held by the top five shareholders of the firm, Mamatzakis et al (2017) used the largest and the second largest managerial block holders who own at least 10% of the total shares in a firm. There are various definitions, but in this study ownership concentration refers to holding a greater number of voting equity shares by a few shareholders.…”

Section: Conceptual Reviewmentioning

confidence: 99%

Ownership Structure and Bank Performance in Emerging Market Economy: Evidence From Nigerian Listed Deposit Money Banks

Nwude,

Zakirai,

Nwude

2023

Sage Open

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In the emerging market economies the influencing power of different strands of ownership structure and ownership concentration on the risk-adjusted returns on assets and equity, dividend yield, earnings, and cost-to income ratio of listed deposit money banks has not been thoroughly investigated. The diminutive research and equivocal findings of previous studies on this subject create grounds for further investigation. Therefore, the aim of this study is to investigate the extent to which these three constructs relate in listed deposit money banks an emerging market economy, Nigeria. Panel data multiple regressions were applied to data extracted from the annual reports from 2009 to 2020 to test the six hypotheses. The results indicate that the disaggregated ownership structure and concentrated ownership relate positively and significantly to the bank performance indices, thereby supporting convergence of owners and managers interests which reduces the agency problems and increases the financial performance of firms. The novelty of this study is the introduction of new indices for measuring performance, ownership structure and concentration which are total departure from the usual method in both emerging and developed market economies. Further research can be extended in other economies using the same computational methods.

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Section: Conceptual Reviewmentioning

confidence: 99%