Cheong, Carol; Huy Viet Hoang - In: Cogent economics & finance 9 (2021) 1, pp. 1-24
profitability in Singapore and Hong Kong before, during and after the global financial crisis. This paper uses the two-step system … Generalized Method of Moments to examine the impact of macroeconomic and firm-specific factors on corporate profitability. The … model includes firm-specific factors (firm size, leverage, liquidity, sales growth and previous year's profitability) and …