Ownership Structure Data


The Ownership Structure Data (3-OSD) comprises of all key variables related to ownership and governance of the firms listed on the Pakistan Stock Exchange. The data covers more than 10 years. This dataset has the following key features:

  • Available from the year 2008 to 2021 for firms listed on the PSX.

  • Download this file to see the firm-year combination for which data are available in our database.

  • The data is arranged in a long format, that is suitable for direct use in the majority of the statistical softwares such as Stata, R, Eviews, SPSS, or others.

  • The data is available in Excel, Stata, CSV, or any other desired format.

  • Company identifiers include both companies names and PSX assigned symbols

  • Numeric identifiers for industrial classification are included

Variables Available in our Database


Download this file to see the firm-year combination for which data are available in our database.

Ownership Structure Variables


  • Total Shares of the Company (ts)
  • Shares owned by Directors (dir)
  • Shares owned by Executives (ex)
  • Shares of 1st Largest Shareholder (l1)
  • 1st Largest Shareholder Name (nm1)
  • Shares of 2nd Largest Shareholder (l2)
  • 2nd Largest Shareholder Name (nm2)
  • Shares of 3rd Largest Shareholder (l3)
  • 3rd Largest Shareholder Name (nm3)
  • Shares 4th Largest Shareholder (l4)
  • Shares 5th Largest Shareholder (l5)
  • Shares of Associated Companies (asso)
  • Shares of Mutual Funds (mf)
  • Shares of Pension Funds (pf)
  • Shares of Investment Companies (ic)
  • Shares of Modaraba Companies (mc)
  • Shares of Charitable Trusts (ct)
  • Shares of Joint-stock companies (psc)
  • Shares of General Public (gpu)
  • Foreign Individuals (fg) 
  • Foreign Companies (fc) 
  • Foreign Individuals (fg) 
  • Shares of All Financial Institutions (inst) 
  • Government Shareholdingsn (gs)

Governance Variables


  • Total Directors / Board Size (ndir)

  • Female Directors (femdir)

  • Number of Executive Directors (xdir)

  • Number of Non-Executive Director (nxdir)

  • Number of Independent Directors (indir) 

  • Members of the Audit Committee (nac)
  • Non-Executives in Audit Com (xac)
  • Independent Dir in Audit Com (indac) 
  • Name of the Auditor (naudi)
  • Firm Audited by Big 4 (big4)
  • Number of board meetings (nbm)
  • Board meetings index (bindex)
  • No of Meetings of Director 1 (bm1)
  • No of Meetings of Director 2 (bm2)
  • No of Meetings of Director 3 (bm3)
  • No of Meetings of Director 4 (bm4)
  • No of Meetings of Director 5 (bm5)
  • No of Meetings of Director 6 (bm6)
  • No of Meetings of Director 7 (bm7)
  • No of Meetings of Director 8 (bm8)
  • No of Meetings of Director 9 (bm9)
  • No of Meetings of Director 10 (bm10)
  • CEO Tenure (ceot)
  • Ownership Concentration (oconc)

Pricing of the Ownership Structure Data


For a range of five years, we charge Rs. 2,000 for each of the ownership variables per 100 companies. See the following example of data pricing.

Fee Calculation Example:

As an example, please consider a data order of 5 variables for 5 years and 100 firms.

Variables needed: (1) Total Shares (2) Board Size  (3) CEO Duality (4) Institutional Ownership (5) Board Independence

Data Years: 2014 – 2018

Since the data fee is Rs. 2,000 per variable for 5 years and 100 firms, the fee is Rs. 2,000 x 5 Variables = Rs. 10,000. If the order is for 200 firms, the fee would double by a factor of 2, i.e. Rs. 20,000. Similarly, if the order is for 10 variables, 10 years, and 200 firms, the fee would be:
Rs. 40,000 = Rs. 2,000 per variable x 10 variables x 10 years / 5.

We accept orders of Rs. 10,000 and above only.

Data Sample


The sample data is available in Excel and Stata format for download.

Order - Free commerce and shopping icons How to place an order


To place an order, please send us the following information in your email.

  1. Number of firms
  2. Years range
  3. List of variables and their definitions

Please send this information to the following email addresses:

attaullah.shah@imsciences.edu.pk
Stata.Professor@gmail.com

Example Email


Subject: Data Order Request

Dear OpenDoors.com Team

I would like to place an order for data. Below are the relevant details:

  1. Number of firms: 250
  2. Year coverage: 2008-2022
  3. List of variables:
    • Total Assets
    • Tobins Q
    • Directors ownership
    • Institutional Ownership
    • CEO Duality
    • (Add any additional variables here)

Thank you for your assistance.

Best regards,

[ Name] [Contact Information]