Showing 1 - 10 of 162
The paper studies the persistence of profit and its determinants in emerging markets. We apply Markov chain analysis … empirical results show a moderate level of profit persistence, as well as a relatively low speed of adjustment to the steady …-state profit level, thus providing no support for the hypothesis that there is a lower persistence of profits in emerging markets …
Persistent link: https://www.econbiz.de/10010271081
Persistent link: https://www.econbiz.de/10014334703
Gewinn erklärt und behandelt wird, um daraus eine Arbeitsdefinition der Gewinnkomponenten abzuleiten. Andererseits wird … darauf basierend die Distribution von Gewinnen diskutiert und behauptet, dass der Gewinn zunächst einmal der Unternehmung …The paper deals with the profit of the firm and its theoretical explanations. Starting with the usual understanding of …
Persistent link: https://www.econbiz.de/10014476164
) that profit signals and rewards successful value creation, since it expresses that the customers' voluntary willingness to …
Persistent link: https://www.econbiz.de/10011815541
conclude that neither commercial competition, nor profit expectations, nor the monetary system are stand-alone growth … systematic necessity to net invest due to the interplay of creative destruction, profit maximization, and the need to limit …
Persistent link: https://www.econbiz.de/10011649173
If and how the conduct of the banking sector contributes to the propagation of aggregate shocks has become a prominent empirical research question. This study explores what a cyclicality analysis of net interest margins and spreads, as well as profitability figures, can contribute to the...
Persistent link: https://www.econbiz.de/10010294520
when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit … substantial measurement error. In this paper, we examine the magnitude and direction of this error in cost and profit efficiency …
Persistent link: https://www.econbiz.de/10010295894
Banks face a tradeoff between diversifying and focusing their loan portfolio. In this paper we carry out an empirical study for the German market to shed light on the question whether or not the benefits of risk sharing outweigh those of specialization. We use data from the Bundesbank's...
Persistent link: https://www.econbiz.de/10010295924
retailers trade unsold inventories generally results in larger orders placed with the manufacturer, higher manufacturer profit …
Persistent link: https://www.econbiz.de/10010296243
distribution of firms? profit rates, which turns out to be an exponential power (or Subbotin) distribution. Moreover, we construct … finding is that firms? idiosyncratic efforts and the tendency for competition to equalize profit rates are two sides of the …
Persistent link: https://www.econbiz.de/10010296303