in attaining required profitability. The objective of this paper is to identify the profitability determinants for Polish … agricultural distributors in a recent period, i.e., 2006-2016. The potential determinants of profitability identified during the … following internal profitability determinants are identified: age, size, working capital components, indebtedness, salaries, and …

Firms with lower profitability have lower expected returns because such firms perform better than expected when market … with this hypothesis, the profitability anomaly is stronger for distressed and volatile firms, and aggregate volatility …

We provide a new explanation for the profitability anomaly along with a battery of supportive empirical tests. Our … profitability and future stock returns, and the relation is stronger in firms with higher growth. The relation arises because less …

This study provides theory and evidence to demonstrate how relative firm profitability within an industry affects stock …, and that (2) this inverse relation between relative profitability and return sensitivity is more pronounced when there is … the two fundamental factors that contribute to profitability – cost efficiency and market share – each exhibit an effect …

class (weighted by book values) captures the project's economic profitability. Such a rate of return spans a space of …