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stock performance (i.e., poor profitability) and whether adopting EVA leads to better stock performance (i.e., greater … profitability). There is insufficient evidence to conclude that poor stock performance leads firms to adopt EVA or that adopting EVA … improves stock performance. Firms that adopt EVA appear to have above average profitability relative to their peers both before …
Persistent link: https://www.econbiz.de/10013075023
perform significantly better not only in terms of profit, but also in terms of cash flow generation. We also find some …
Persistent link: https://www.econbiz.de/10011459361
Aggregate stock market returns display negative skewness. Firm-level stock returns display positive skewness. The large literature that tries to explain the first stylized fact ignores the second. This paper provides a unified theory that reconciles the two facts by explicitly modeling...
Persistent link: https://www.econbiz.de/10013133437
Aggregate stock market returns display negative skewness. Firm stock returns display positive skewness. The large literature that tries to explain the first stylized fact ignores the second. This article provides a unified theory that reconciles the two facts by explicitly modeling firm-level...
Persistent link: https://www.econbiz.de/10013068348
explain how working capital management affects profitability of Serbian companies measured by ROA indicator. In order to … profitability and accounts receivable turnover in days (ART), accounts payable turnover in days (APT) and inventory turnover in days … in days (CCC) and profitability. The issue of working capital management has not been sufficiently examined in the …
Persistent link: https://www.econbiz.de/10013353040
profitability of companies from the European pharmaceutical sector. Design/methodology/approach: The database includes 26 listed …-chairman duality have a positive impact both on a company's performance and profitability and their effects can be seen starting with … no effect on either profitability rates or performance margins, an increase of employee productivity shows a positive …
Persistent link: https://www.econbiz.de/10012603986
to leverage and R&D expenditures. On the other hand, gross profit margin is positively related to size and international …
Persistent link: https://www.econbiz.de/10011474465
Persistent link: https://www.econbiz.de/10012820821
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