This research examines the efficiency of shipping companies to create profit from the equity used in the investment … the investment returns. A suitable method for panel data is the seemingly unrelated regressions …

Microfinance institutions (MFIs) profitability. This study examines the determinant, persistence and convergence of MFIs … profitability in thirty two Africa economies, between 1997 and 2008, using a dynamic panel model. Estimation results shows evidence … of persistence of excess profit from one year to the next. It is plausible that if there is a shock to profitability …