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the crisis and their profitability declines further, whereas in Europe and Latin America there are clear signs of recovery …
Persistent link: https://www.econbiz.de/10005587152
the crisis and their profitability declines further, whereas in Europe and Latin America there are clear signs of recovery …
Persistent link: https://www.econbiz.de/10008852962
The tax laws of most developed countries are debt biased since firms can deduct interest on debt but not on equity. This bias is known to distort investment decisions. However, less is known about how the debt tax shield affects the ownership of assets when bidders differ financial expertise and...
Persistent link: https://www.econbiz.de/10014194288
This report explores the efficiency of corporate rehabilitation under the “Debtor Rehabilitation and Bankruptcy Act”, the equivalent of Chapter 11 in the US, using 1,530 hand-collected bankruptcy filings made by external financial audit corporations in Korea from 2006 through 2020. The...
Persistent link: https://www.econbiz.de/10013406431
Persistent link: https://www.econbiz.de/10011812117
and external environmental factors. This paper investigates how profitability of firms, in the automobile sector of …. Supplementary analysis was also undertaken to assess the impact of operating leverage and firm size on profitability. The aim of the … research was to examine empirically, using pooled data analysis, whether profitability of automobile firms is related to …
Persistent link: https://www.econbiz.de/10013139010
leverage significantly, and negatively, affects the profitability of listed firms in Kenya. However, leverage has no effect on … suggest that asset tangibility, sales growth and firm size are important determinants of profitability. Surprisingly, asset … tangibility consistently has a negative relationship with profitability. For small firms, our results indicate that sales growth …
Persistent link: https://www.econbiz.de/10013051000
Persistent link: https://www.econbiz.de/10012595172
This paper presents analysis of profitability indicators of Polish construction companies threatened with bankruptcy … generating positive and negative financial results (both EBIT and net financial results). Moreover, the operating profitability …
Persistent link: https://www.econbiz.de/10011900002
/methodology/approach The study employs the structural equations methodology which captures the endogenous relationship between profitability … relationship between profitability and leverage. The research provides important information about the underlying financing …
Persistent link: https://www.econbiz.de/10014941518