Ownership Structure And Company Performance: An Application In Istanbul Stock Exchange

In this study, the effect ownership structure, in another saying shareholders ’ identity and kinds of owners, on stock return was investigated. The companies, which were consistently accounted in the BIST-100 index of Borsa Istanbul during 2006-2010, were studied. The ownership identity and the legal status of the owners of those companies were investigated throughout the period of 2006-2010 and the relation between ownership and stock exchange return was analyzed. Panel data analysis were utilized in the study. The findings of the study presented that for the companies and the period under investigation, there was no statistically significant relation between ownership structure and stock exchange return