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Historically, corporations were expected to serve some public purpose as justification for the benefits and privileges they receive from the state. But since the 1970s, the view has become widespread that corporations exist solely to maximize profits and for no other purpose. While the...
Persistent link: https://www.econbiz.de/10013023410
We investigate whether ownership concentration influences bank profitability in a developing country context. We focus …
Persistent link: https://www.econbiz.de/10011862267
The aim of this study is to examine the relationships between profits and risks of Frasers Centerpoint Limited. This study was carried out using the secondary data which was obtained from the annual reports of five companies in consecutive years from 2013 until 2017. Return on asset (ROA) has...
Persistent link: https://www.econbiz.de/10012906574
by the cash conversion cycle and profitability of Small and Medium Enterprises (SMEs). The paper employs panel data … empirical results show that there is a concave relationship between working capital level and firm profitability and that there … is an optimal working capital level at which firms' profitability is maximised. Furthermore, an examination as to whether …
Persistent link: https://www.econbiz.de/10013004018
Profit and growth are considered as important goals in managing firms. This study tests the impact of initial profits … on the growth and profit on a sample of firms listed at Karachi Stock Exchange (KSE) for the period 2006 to 2011. In … regression borrowed from the work of Davidsson et al. (2009) was used to find out whether profit at initial stages of the firm …
Persistent link: https://www.econbiz.de/10013058683
Purpose This study aims to seek to analyse the relationships between profitability, productivity, external debt and … certain level of profitability, this determinant positively impacts SME growth. Productivity influences positively the firm … profitability and labour productivity for firm growth. For policymakers, the results suggest the need for favourable conditions for …
Persistent link: https://www.econbiz.de/10014506799
Profitability is substantial for any firm to maintain business and enable long-term sustainability. Firms' decision on … new empirical evidence on the influence of debt (debt ratio and debt to equity ratio) on firm profitability (ROA), with … significant correlation and negative influence of debt ratio and capital structure on firm profitability. …
Persistent link: https://www.econbiz.de/10013266167
team into a firm. What results is an account of the emergence of the objective of profit seeking. Profit seeking emerges … firms successfully maximize profits, the objective of profit maximization continues to be an axiomatic feature of the … production teams from firms by asking why team members would sell their control rights to a principal, thereby transforming the …
Persistent link: https://www.econbiz.de/10014159217
Using data on 157 large companies in Poland and Hungary this paper employs a Bayesian structural equation modeling to examine interrelationships between corporate governance, managers' independence from owners in terms of strategic decision-making, exporting and performance. It is found that...
Persistent link: https://www.econbiz.de/10014057850
Persistent link: https://www.econbiz.de/10012041497