Impact of Managerial Ownership on Financial Decisions: Evidence from Non-Financial Listed Companies PSX

被引：0
|
作者：
Tahir, Safdar Husain [1 ]
Altaf, Kosar [1 ]
Naeem, Sadia [1 ]
Naz, Humera [1 ]
机构：
[1] Govt Coll Univ Faisalabad, Banking & Finance, Faisalabad, Pakistan
来源：
VISION 2020: INNOVATION MANAGEMENT, DEVELOPMENT SUSTAINABILITY, AND COMPETITIVE ECONOMIC GROWTH, 2016, VOLS I - VII | 2016年
关键词：
Managerial ownership; Asset Tangibility; Investment Decisions; liquidity and Firm Performance; INVESTMENT DECISIONS; LIQUIDITY; COSTS;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study aims to analyze the impact of managerial ownership of financial decisions and performance. Data were collected from Pakistan Stock Exchange of seventy non-financial managerial owned firms, from the period of 2009-2013. Asset tangibility, investment decision, liquidity and firm performance were taken as dependent variable whereas managerial ownership was independent variable. Regression models were applied to examine the coefficient of variable of interest. It was revealed that managerial ownership had positive and significant impact on asset tangibility and investment decisions, but it also showed no association between liquidity and managerial ownership whereas it also showed negative significant association between firm performance and managerial ownership. Managerial ownership founded suitable for the financial decision which only relates to tangible assets of firm.
引用
收藏
页码：293 / 307
页数：15
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