IMPACT OF FAMILY OWNERSHIP CONCENTRATION ON VALUE OF FIRM: A FAMILY AND NON FAMILY COMPARATIVE ANALYSIS OF AUTOMOBILS COMPANIES LISTED IN KSE (PAKISTAN)

Safdar Hussain Tahir, M.Salman Saleem

Abstract


The purpose of this study is to investigate the relationship of family ownership concentration on the firm's value in Pakistan. In order to obtain the objective family ownership concentration  were taken as independent variables while firm' value as dependent variable. A sample of 14 companies listed at Karachi Stock Exchange from 2008 – 2012 selected from automobiles  industry of Pakistan. Multiple regression modal was used to regression the explanatory variables. The result revealed that there was positive significant relationship of family ownership concentration and firm value. The result may also be help full for Investors and financial & administration advisors.


Full Text: PDF

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

ISSN : 2251-1547