Abstract:

Purpose-The purpose of this study is to determine the effects of the ownership structure in the enterprises traded on BIST on their financial performance in the light of accounting based performance indicators. Methodology-It has been benefited from the data of 112 enterprises. Models created to examine the effects of the ownership structure on the financial performance of the enterprise were subjected to panel data analysis by Eviews 8 programme. Findings-It was determined that the free float rate and the corporate investor ratio have a statistically negative significant effect on the return on assets, the foreign share has a positive significant effect, the corporate investor share has a negatively significant effect and the firm size has a statistically positive effect on the return on equity. Conclusion- It is found that the ownership structure of firms has statistically significant effect on ROA and ROE which are dimensions of financial performance.

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