BOSTYN, Frank; DEBAL, P.; VANDINGENEN, R.; WILLEMÉ, Peter - Faculteit Toegepaste Economische Wetenschappen, …
In this paper, we perform an empirical analysis on the variance of accounting profitability among manufacturing firms in the Belgian economy from 1992 to 2001. Our purpose is to understand the relative importance of industry, business unit and time on the profitability of Belgian companies...