Özet:

The existence of separation of ownership and control create conflict of interest between shareholder and manager, which can intensively effect the firm Performance as result Corporate governance mechanisms are demanded. One possible ownership structure that can alleviate agency problem is ownership structure included managerial ownership and concentrated ownership. The Concentrated owner enhance Performance of their client firms. A probable reason could be that block holders have both the abilities and incentive to monitor the activities of their agent, in order to operate the firm for the benefit of shareholders. This study investigates the association of OS and FP for non-financial firms listed at Pakistan stock exchange (PSX) from 2010-2019.Ownership structure is represented by concentrated ownership and Managerial ownership. ROA and ROE is used as proxy for FP. Panel data techniques are used to investigate the association of OS and FP. Results demonstrate that CO has significant positive association with FP However the study do not find significant association between MO and FP.

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