Return on Equity (ROE) is usually characterised as the most important profitability ratio from the perspective of equity investors. This paper develops a concise method for analysing how this ratio is affected by changes in various economic variables such as price, quantity, cost and interest on...

Recent corporate financial scandals show that managers, capital market intermediaries and financial statement users are unable to assess correctly the information disclosed by firms related to unconsolidated special purpose entities and securitisation transactions. In this paper, we present...

In the dynamic financial climate of the present day, companies should be aware of the potential of effective working capital management in reacting to market transformations. It is important to include the company owner's viewpoint in the research perspective. In this paper, we study the...