Ownership Structure and Performance of Small Medium Size Enterprises in Sri Lanka.

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dc.contributor.author Koperunthevy, K.
dc.contributor.author Pathirannahelage, C.R.R.
dc.date.accessioned 2021-06-29T05:42:11Z
dc.date.accessioned 2022-03-11T18:05:55Z
dc.date.available 2021-06-29T05:42:11Z
dc.date.available 2022-03-11T18:05:55Z
dc.date.issued 2009
dc.identifier.uri http://drr.vau.ac.lk/handle/123456789/3023
dc.description.abstract This research investigates the relationship between ownership structure performance of Small and Medium size Enterprises (SMEs). Ownership structure of Enterprises has important role to determine firms’ performance. In Sri Lanka share ownership in listed companies is highly concentrated and produces significant and consistent results in respect of accounting performance. Therefore, this study focuses on how ownership structure of SMEs affects its performance. The SMEs’ ownership structures of family ownership, managerial ownership and owner manger were investigated in relation to Return on Total Assets _ net income (ROA_ net income), Return on Total Assets _ lagged (ROA_ lagged) and Tobin Q by using the cross sectional Ordinary least - square (OLS) regression model with the period of 2000 to 2004. The sample covers 32 SMEs in Vavuniya district. The study conclus that the family ownership firms are more profitable than other types of ownership structures and managerial ownership has negative impact on firms’ performance. Further, the study shows that the ownership structures in the SMEs have a significant influence on firms’ performance. en_US
dc.language.iso en en_US
dc.publisher Vavuniya Campus of the University of Jaffna. en_US
dc.subject Corporate governance en_US
dc.subject Ownership en_US
dc.subject Structure en_US
dc.subject Agency theory. en_US
dc.title Ownership Structure and Performance of Small Medium Size Enterprises in Sri Lanka. en_US
dc.type Article en_US


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