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There have been various discussion on the issue of affects of ownership concentration on firm performance so far. In this perspective, the main objective of this research is to discover the relationship between ownership concentration and firm performance of companies listed in the BIST Food and Beverage Index. When the ROA and ROE were considered as performance criteria, it was found that there is negative and statistically significant realtionship between ownership concentration and firm performance. It should also be noted that although this negative relationship still exists for market performance indicator, Tobins‟ q, it is not statistically significant. According to outcomes, it can be claimed that ownership concentration effects firm performance negatively
Field : Sosyal, Beşeri ve İdari Bilimler
Journal Type : Uluslararası
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