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insufficient. Reducing retained earnings affected by lower profitability level increase corporate long-term debt. Furthermore, the …
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This paper examines the dynamics between growth and profitability in an economic crisis context by considering the … (2008-2014) period, static and dynamic panel data models are estimated. The analysis suggests the following results. First … grow is export. Moreover, the influence of the export intensity on profitability in the economic crisis period is obtained …
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employment performance than non-family controlled companies. Therefore, this study applies a treatment model for panel data using … family firms as a treatment indicator. Moreover, a propensity score estimation is introduced to the model to control for …
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