Spitsin, Vladislav; Ryzhkova, Marina; Vukovic, Darko; … - In: Journal of economic structures : JES; the official … 9 (2020) 9, pp. 1-20
This study analyzes factors affecting the efficiency (profitability) of enterprises in foreign, joint and domestic … positively affect profitability, whereas the share of borrowed capital, share of fixed assets and rising interest rates exert … borrowed capital exceeds 50%, internal financial factors emerge as a particularly prominent predictor of profitability. …
