IMPACT OF OWNERSHIP STRUCTURE CONCENTRATION ON QUOTED CONSUMER GOODS ENTITIES PERFORMANCE IN NIGERIA

Authors

  • Ihenyen, Confidence J. (PhD)
  • Akpe, Oyinkarebai Michael
  • Apiapia, W. ThankGod

Keywords:

Performance, Ownership concentration, Entity

Abstract

We empirically investigated the impact of ownership structure concentration on entity

performance, this was carried out with the help of secondary data employed from

consumer goods sectors company’s financial statements of eight entities, with data

covering from 2012 to 2020, the regression output revealed that ownership

concentration has no statistical significant on entity performance, however the control

variable employed in the study has a statistical significant on the entity. Based on the

output from our investigations, we therefore recommended that: Entities should focus

more in getting competent hands (managers) that can maximize shareholders wealth;

Entities should focus more in diversify its power, this will enable the managers of

economic resources, to be free in taking salient economic decision without fear of a

particular stakeholder; Wealth maximization is what potential investors look at for, hence

managers should never lose focus of wealth maximization.

Author Biography

Ihenyen, Confidence J. (PhD)

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Published

2023-02-03

How to Cite

Ihenyen, Confidence J. (PhD), Akpe, Oyinkarebai Michael, & Apiapia, W. ThankGod. (2023). IMPACT OF OWNERSHIP STRUCTURE CONCENTRATION ON QUOTED CONSUMER GOODS ENTITIES PERFORMANCE IN NIGERIA. BW Academic Journal, 7. Retrieved from https://bwjournal.org/index.php/bsjournal/article/view/1111

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