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Employing the difference-in-differences technique, this study examines the impact of the Employment Tax Incentive programme on a large sample of South African firms from 2011 to 2016. It finds that programme firms expanded investments by 4.8 per cent, and profits by 5.7 per cent. Consistent with...
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phenomena, attention is paid to the role of profitability as a driver of productivity and investment and global hegemony as a … driver of international resource transfers. Particular attention is paid to an empirical analysis of the profitability of the … US corporate non-financial sector and the existence of a secular decline in profitability since the mid-1960s interrupted …
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