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

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.}