Ownership concentration boosts firm performance in non-financial listed firms.
The study looked at how the way a company is owned affects how well it performs. They studied non-financial companies in Pakistan from 2008 to 2012. They found that when one person or a small group owns a lot of the company, it tends to do better. They also found that who the owners are (like families or big institutions) can also make a big difference in how well the company does.