Please use this identifier to cite or link to this item:
http://repo.lib.jfn.ac.lk/ujrr/handle/123456789/3031
Title: | Block holder Ownership Structure of Sri Lankan Listed Companies |
Authors: | Koperunthevy, K. Vijayarani, K. |
Keywords: | Block holders;Ownership Structure;Equity Shares |
Issue Date: | 2014 |
Abstract: | The aim of the study is to identify the blockholder ownership structure (BHO) of Sri Lankan listed companies. The study assessed 135 companies from 19 sectors during a five year period from 2007 to 2013. The analysis focuses on two key statistics of BHO structure; the mean percentage of BHO and the mean percentage of blockholders in each sample period. The results reveal that 0.5% of blockholders control 73% of equity while 0.3% of blockholders control the same percentage in 2013. Majority of the blockholders are institutions and they hold nearly 63% of equity shares with directors of the companies holding 6% of the equity shares and individual blockholders holding around 3% equity. State blockholder hold only 0.55% of shares. The study lends support to identify the reasons for market manipulation and corporate failures. |
URI: | http://repo.lib.jfn.ac.lk/ujrr/handle/123456789/3031 |
Appears in Collections: | Finance and Accountancy |
Files in This Item:
File | Description | Size | Format | |
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Blockholder Ownership Structure of Sri Lankan Listed Companies.pdf | 55.6 kB | Adobe PDF | View/Open |
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