The Impact of Ownership Structure on the Financial Performance of Industrial Companies Listed on the Amman Stock Exchange

Abstract

This study aimed to examine the impact of ownership structure, in its dimensions (managerial ownership, institutional ownership), on financial performance measured by return on assets in industrial companies listed on the Amman Stock Exchange. The study adopted a descriptive-analytical approach, and the sample consisted of all industrial companies listed on the Amman Stock Exchange, totaling 30 companies during the period (2018-2023), with a total of 180 observations. Data related to the study variables were collected from annual reports, and panel data analysis was conducted using STATA software. The results showed a significant positive impact of both managerial and institutional ownership on financial performance, as measured by return on assets in industrial companies listed on the Amman Stock Exchange.