Open AccessConnotation among Structure, Conduct, and Performance: A Panel Data Analysis of Selected Financial Firms in Pakistan
Author(s) -
Muhammad Jamil
Publication year - 2017
Publication title -
nice research journal
Language(s) - English
Resource type - Journals
eISSN - 2517-987X
pISSN - 2219-4282
DOI - 10.51239/nrjss.v0i0.19
Subject(s) - panel data , shareholder , business , connotation , panel analysis , finance , econometrics , economics , corporate governance , linguistics , philosophy
The study of Structure, Conduct, and Performance (SCP) paradigm is important to evaluate the performance of firms. The study scrutinizes the relationship among SCP paradigm of selected financial firms (Banks, Insurance, Modaraba and Exchange companies) in Pakistan. Panel data of 103 financial firms of Pakistan from 2007 to 2015 is employed for this purpose. Various models of panel data have been employed to find the more parsimonious one. It is concluded that there is positive association among SCP using panel data models and dynamic panel data model. It is recommended that all firms are needed to enhance their management regarding expenditures and they also need to increase the number of shareholders to boost the firm’s performance