The full text of this article


Influence of ownership structure and corporate performance precrisis: evidence from Thailand
by Jira Yammeesri, Sudhir C. Lodh, Siriyama Kanthi Herath
International Journal of Electronic Finance (IJEF), Vol. 1, No. 2, 2006


Abstract: This study examines the effect of ownership structure on corporate performance of Thai non-financial firms between 1993 and 1996. The ownership structure is considered as: 1. concentrated ownership, 2. different types of concentrated ownership and 3. managerial ownership. It adopted Market Returns (MR) and accounting ratios as measures of performance. It reports that there is a positive association between concentrated ownership and firm performance. The results show that different types of concentrated ownership have positive relationships to performance measures. It, however, does not find any evidence to support the existence of a non-linear relationship between managerial ownership and firm performance.


is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Electronic Finance (IJEF):
Login with your Inderscience username and password:


    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email