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

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Sustainable Finance, Digitalization and the Role of Technology (ICBT 2021)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 487))

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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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Acknowledgements

We are indebted to Palatine Technical University Kadoorie, for their support in completing this paper.

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Authors and Affiliations

  1. Industrial Administration Department, Palestine Technical University-Kadoorie, Tulkarm, Palestine

    Suhair I. Shumali

  2. Computerized Banking & Financial Science Department, Palestine Technical University-Kadoorie, Tulkarm, Palestine

    Mohammad K. Abuamsha

Authors
  1. Suhair I. Shumali
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  2. Mohammad K. Abuamsha
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Corresponding author

Correspondence to Mohammad K. Abuamsha .

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Editors and Affiliations

  1. Middle East Technical University, Northern Cyprus Campus, Kalkanlı, Güzelyurt, Turkey

    Bahaaeddin Alareeni

  2. College of Business of Finance, Ahlia University, Manama, Bahrain

    Allam Hamdan

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Shumali, S.I., Abuamsha, M.K. (2023). The Impact of Ownership Concentration on Stock Performance in the Palestinian Firms Listed in the Stock Exchange. In: Alareeni, B., Hamdan, A. (eds) Sustainable Finance, Digitalization and the Role of Technology. ICBT 2021. Lecture Notes in Networks and Systems, vol 487. Springer, Cham. https://doi.org/10.1007/978-3-031-08084-5_29

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  • DOI: https://doi.org/10.1007/978-3-031-08084-5_29

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-08083-8

  • Online ISBN: 978-3-031-08084-5

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