Ownership structure and financial performance: Evidence from Kenyan commercial banks.

ABSTRACT: The study examined the relationship between ownership structure and financial performance of commercial banks in Kenya for the period 2009-2020. The data were collected from audited financial statements of 39 commercial banks in Kenya. Regression results found strong evidence on ownership structures in explaining the differences in commercial banks' financial performance. The results established that the greatest influence of ownership structures was on net interest margin at 53.04% and return on assets at 31.37%. Influence of ownership structures was found to be low on return on equity at 3.32% and earnings per share at 2.13%. The results found a negative association between state ownership and net interest margin, negative association between management ownership and both net interest ma

SUBMITTER: Kirimi PN 

PROVIDER: S-EPMC9122193 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature