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2023 | OriginalPaper | Chapter

The Impact of Ownership Concentration on Stock Performance in the Palestinian Firms Listed in the Stock Exchange

Authors : Suhair I. Shumali, Mohammad K. Abuamsha

Published in: Sustainable Finance, Digitalization and the Role of Technology

Publisher: Springer International Publishing

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Abstract

This study aimed to investigate the impact of corporate governance specifically, ownership concentration on stock performance of all firms listed in the Palestinian Stock exchange, 220 observations from a total of 44 firms between the years 2016–2020, was taken, panel data method was used and the pooled Ordinary least squares (OLS) method was used, the results show that there was a positive and significant relationship between managerial ownership, large ownership and foreign ownership and stock performance, there is a negative significant relationship between foreign ownership and stock performance (MV/BV) in the Palestinian Stock Market.

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Metadata
Title
The Impact of Ownership Concentration on Stock Performance in the Palestinian Firms Listed in the Stock Exchange
Authors
Suhair I. Shumali
Mohammad K. Abuamsha
Copyright Year
2023
DOI
https://doi.org/10.1007/978-3-031-08084-5_29

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