Financial Sustainability and Financial Performance: The Moderating Role of Type of Ownership in Pakistan

Sarah Ahmed and S. M. Ali Tirmizi

Journal of Accounting and Finance in Emerging Economies, 2020, vol. 6, issue 4, 1181-1187

Abstract: The study is conducted with the objective to investigate the impact of firm performance (FP) on Financial sustainability (FS) in a developing nation, Pakistan and additionally to see the moderating role of type of ownership i.e. Institutional Ownership (IO) or Managerial Ownership (MO) in the FP-FS relationship.& Sample of the study included all the non-financial firms listed on Pakistan Stock Exchange PSX and period covered is from 2009-2018. In total there are 2734 observations. &&Empirical results of the study suggests that FP has a positive relationship with FS but the relation is not significant. Moreover, findings indicate this relationship is significantly positively moderated by Intuitional Ownership (IO) whereas the relationship is not significant under the moderation impact of Managerial Ownership (MO).&

Keywords: Financial Sustainability; Firm Performance; Managerial Ownership; Institutional Ownership; moderation. (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://publishing.globalcsrc.org/ojs/index.php/jafee/article/view/1478/1039 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:src:jafeec:v:6:y:2020:i:4:p:1181-1187

DOI: 10.26710/jafee.v6i4.1478

Access Statistics for this article

More articles in Journal of Accounting and Finance in Emerging Economies from CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan Contact information at EDIRC.
Bibliographic data for series maintained by Rabia Rasheed ().