Journal of Accounting and Management Information Systems (JAMIS)


AN ECONOMETRIC ANALYSIS OF THE OPERATING PROFIT OF ROMANIAN COMPANIES

Vol. 10, Nr. 4/2011 ,   p535..546

Author(s):  
Adriana DEACONU


Keywords:   panel data model, operating profit, turnover, tangible assets, payrolls, stocks and cash

Abstract:  

Thispaper aims to contribute to the empirical literature by employing a panel datamodel for analysing the connection between operating profit of Romaniancompanies and the turnover, tangible assets, payrolls, stocks and cash. We findthat the companies with a higher turnover recorded better economic results andan increased payroll is associated with a decline in economic performance.Likewise, companies that have the cash and / or tangible assets registeredsuperior performance, while growth in stocks is accompanied by lower economicperformance of the companies. Sectorial data confirm these results.



Download:   http://online-cig.ase.ro/jcig/art/10_4_6.pdf

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