Ownership structure and sustainable firm performance: a literature review

Purpose: This study aims to explore the contemporary issues in ownership structure towards the sustainable firm’s performance for strategic managerial policy. Design/methodology/approach: This study followed the systematic literature review technique. Findings: Results found that most of the prior...

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Bibliographic Details
Main Authors: Mehreen, Mehreen, Hassan, Rusni, Sayal, Azizullah
Format: Article
Language:English
Published: Foundation University Islamabad (FUI), Pakistan 2024
Subjects:
Online Access:http://irep.iium.edu.my/115802/1/115802_Ownership%20Structure%20and%20Sustainable.pdf
http://irep.iium.edu.my/115802/
https://fujbe.fui.edu.pk/index.php/fujbe/article/view/922
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Summary:Purpose: This study aims to explore the contemporary issues in ownership structure towards the sustainable firm’s performance for strategic managerial policy. Design/methodology/approach: This study followed the systematic literature review technique. Findings: Results found that most of the prior literature on this subject is related to developed countries, while research on this subject in developing countries is found scant. Originality: This study offers new propositions on contemporary issues in ownership structure. The proposition alludes to a significant positive impact of managerial ownership, institutional ownership, and family ownership toward achieving sustainable firm performance. Research limitations/implications: This review offers insights to managers and practitioners from developing countries towards maintaining a balance between the ownership of various stakeholders towards achieving a better and sustainable firm performance.