The Impact of Ownership Structure on Corporate Financial Strategy CASE STUDY ON KUWAIT ENERGY EGYPT | ||
| المجلة العلمية للبحوث التجارية (جامعة المنوفية) | ||
| Article 25, Volume 54, Issue 3, July 2024, Pages 9-52 PDF (965.22 K) | ||
| Document Type: المقالة الأصلية | ||
| DOI: 10.21608/sjsc.2024.263288.1407 | ||
| Authors | ||
| نــــور الهدى محمــــد عبد الفتاح عبد الفتاح1; عبد الناصر مجدي حسن محمد طايع* 2; هشام عفيفي عبد العال عفيفي3; محمود سعيد محمد النجار3 | ||
| 1كلية التجارة وادارة الاعمال جامعة حلوان | ||
| 2المعهد العالي للدراسات المتطورة بالقطامية | ||
| 3الكلية العسكرية لعلوم الإدارة | ||
| Abstract | ||
| The study aims to investigate the effect of ownership structure on the financial strategy of Kuwait Energy Egypt, so it used a descriptive-analytic approach to analyze data from 2014 to 2022. Ownership structure was measured by the percentage of shares held by foreign investors, while financial strategy was measured by the debt-to-equity ratio and total borrowing to equity. Additionally, the study applied ROE and ROA ratios to assess the efficiency of investment in various assets and the rate of return. The study found that ownership structure has a statistically significant impact on the financial strategy of Kuwait Energy Egypt, with the debt-to-equity ratio being affected by ownership structure. In addition ownership structure has a statistically significant impact on profitability measured by ROE and ROA. And in light of the results reached: The following recommendations can be made: Shareholders should take into consideration the effects of new shareholders. The new shareholders bring technical know-how and additional capital for the business. These should improve corporate financial strategy. Additionally, the new shareholders reduce the level of risk held by the existing shareholders. However, the actions of the new shareholder could diminish performance. | ||
| Keywords | ||
| Ownership Structure; Ownership Concentration; Financial Strategy; Kuwait Energy Egypt | ||
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