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Journal articles on the topic 'Firms’ profitability'

Author: Grafiati

Published: 8 September 2021

Last updated: 29 July 2025

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1

Farizal Mohammed, Nor, Sazalina Ahmad Puat, Mira Susanti Amirrudin, and Afizah Hashim. "LEVERAGE, LIQUIDITY AND PROFITABILITY RATIOS: ACCOUNTABILITY OF MALAYSIAN LISTED OIL AND GAS FIRMS." Humanities & Social Sciences Reviews 8, no. 2 (2020): 941–47. http://dx.doi.org/10.18510/hssr.2020.82104.

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Purpose: This study examines the impact of leverage and liquidity on the profitability among the listed O&G firms in Malaysia. Methodology: Data were gained from the audited financial statements of 22listed O&G firms for a period of ten years (2008 – 2017) and a quantitative data methodology was utilized to analyze the study. Main Findings: The findings demonstrated that leverage in terms of debt-equity ratio has a significant negative association on a firm's profitability. Nevertheless, liquidity ratios are found to be insignificantly related to the profitability of the O&

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Wijaya, Liem Alfando, and Apriani Dorkas Rambu Atahau. "Profitability and Sustainable Growth of Manufacturing Firms: Empirical Evidence from Malaysia and Indonesia." Jurnal Riset Akuntansi dan Keuangan 9, no. 1 (2021): 13–24. https://doi.org/10.17509/jrak.v9i1.26689.

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This study aims to determine the effect of profitability on sustainable growth in Malaysian and Indonesian manufacturing firms. By using 58 Malaysia manufacturing firms and 90 Indonesia manufacturing firms that listed on Malaysia and Indonesia Stock Exchanges from 2016 until 2018, the findings show that the profitability of the firm significantly influences the firm's sustainable growth. Firm size as a moderating variable is also able to moderate the effect of profitability on sustainable growth. This research implies that manager in manufacturing firms may boost the profit to achieve sustaina

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Al-kfairy, Mousa. "Assessing the Impact of Science and Technology Parks on Firm Profitability: A Comparative Study of On-Cluster and Off-Cluster Dynamics." European Conference on Knowledge Management 25, no. 1 (2024): 18–25. http://dx.doi.org/10.34190/eckm.25.1.2529.

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Science and Technology Parks (STPs) are pivotal in driving regional development, primarily through fostering innovation and enhancing regional wealth. However, the impact of STPs on regional development remains a contentious topic with inconclusive findings. This study digs into the contribution of STPs to the profitability of firms by conducting a comparative analysis of profitability and salary data between firms located within these parks (on-cluster) and those outside them (off-cluster). The research adopts a two-pronged approach: initially, it examines firm profitability and employee sala

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Ritonga, Pardomuan. "PENGARUH RISIKO KREDIT, RISIKO SOLVABILITAS DAN KUALITAS AUDIT TERHADAP PROFITABILITAS PERUSAHAAN SERTA IMPLIKASINYA TERHADAP KUALITAS LABA." Ultimaccounting : Jurnal Ilmu Akuntansi 12, no. 1 (2020): 21–43. http://dx.doi.org/10.31937/akuntansi.v12i1.1495.

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Abstract- This research aims to analyzethe influence of financial risk i.e. credit and solvency risk as long as audit quality on the firm's profitability and implications with earnings quality. This type of research is quantitative. The research population is sub-sectors of general insurance listed in the Indonesia Stock Exchange in 2014-2018. The sampling method using purposive sampling technique is counted 10 companies. The method of analysis using linear regression analysis and sobel test. These results indicate that financial risk has significant effect simultaneously on the profitability

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Vaicondam, Yamunah, and Ramakrishnan Ramakrishnan. "Capital structure, capital investment and profitability among Malaysian listed firms." International Journal of Engineering & Technology 7, no. 4.9 (2018): 14. http://dx.doi.org/10.14419/ijet.v7i4.9.20609.

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Capital investments are referred as a critical managerial decision on firm's fixed asset for generating profitability. However, the empirical finding shows that not every capital investment has a significant positive effect on profitability. Literature indicates mixed results of examining the capital investment relationship with firm's profitability, which vary in respects to the debt structure. On the other hand, strong government reinforcement has pushed Malaysia up as one of the top ten countries with robust private capital investment in the year 2004. Since the capital investments are typi

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Budiarso, Novi Swandari. "PROFITABILITY OF DIVIDEND PAYERS." ACCOUNTABILITY 6, no. 2 (2017): 26. http://dx.doi.org/10.32400/ja.24808.6.2.2017.26-29.

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Most of the firms are looking for profits as their main objective which make them develops strategies to get the target profit. In circumstances that firms get the target profit, then normally they shall distribute the earnings as dividends to shareholders. The objective of this study is to provide an empirical finding about profitability between firms namely higher dividend payers and lower dividend payers. This study uses data of listed firms in period of 2010 to 2016 which drawn from Indonesia Stock Exchange. This study uses 146 listed firms in period of 2010 to 2016 which gives 1022 as tot

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Murtini, Umi, and Aditya Denny O.S. "UKURAN PERUSAHAAN, PROFITABILITAS, FINANCIAL LEVERAGE, DIVIDEND PAYOUT RATIO DAN KECENDERUNGAN PERATAAN LABA." Jurnal Riset Akuntansi dan Keuangan 8, no. 2 (2012): 149. http://dx.doi.org/10.21460/jrak.2012.82.25.

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This study aims to exmine the effect of firm size, profitability, financial leverage, and dividend payout ratio on income smoothing tendency. The grouping of firms with income smoothing and without income smoothing use eckel index. Using binary logistic regression analysis, results shows that firm size and profitabilitas influence on income smoothing tendency. Meanwhile, financial leverage and dividend payout ratio don’t influence on income smoothing tendency. Keywords: income smoothing, profitabilty, size

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Ahmad, Nisar, Parvez Azim, and Jamshaid ur Rehman. "Does Working Capital Management Affect the Profitability? A Case of Pakistani Manufacturing Firms." Journal of Global Economy 8, no. 4 (2013): 327–44. http://dx.doi.org/10.1956/jge.v8i4.271.

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This study investigates the effect of working capital management on profitability of 148 diverse manufacturing firms listed on Karachi Stock Exchange, Pakistan for the period January 2006 to December 2011. The fixed effect and random effect models results revealed that firmsâ€™ aggressive strategy of financing negatively affect the profitability. Moreover, tight credit policy, efficiency of stock-in-trade management, early payment policy and conservative strategy of investment in current assets are found to have significant positive effect on profitability of firms. Findings of the study sugge

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Eissa, Aref M., and Yasser Eliwa. "The effect of political connections on firm performance: evidence from Egypt." Asian Review of Accounting 29, no. 3 (2021): 362–82. http://dx.doi.org/10.1108/ara-05-2020-0064.

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PurposeThis paper examines the effect of political connections (PCs) on firms' profitability and market value in the Egyptian market after the uprising of 2013.Design/methodology/approachAn empirical study is conducted based on 284 firm-year observations for non-financial listed firms on the EGX100 during the period of 2014–2017. To test the study’s hypothesis, two independent sample t-test, Pearson correlation analysis and ordinary least square (OLS) regressions are conducted.FindingsThe results suggest that PCs are common across all industries in Egypt, the PCs through top officers do not im

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Imanuel, Lydia Fransiska, and Rosita Suryaningsih. "Determinant of Firm's Value: Empirical Evidence from Top 100 Listed Companies in Indonesia." GATR Journal of Accounting and Finance Review (GATR-AFR) Vol. 7 (2) July - September 2022 7, no. 2 (2022): 88–96. http://dx.doi.org/10.35609/afr.2022.7.2(2).

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Objective - The study examines the influence of profitability, leverage, firm size, and the proportion of independent commissioners on a firm's value with dividend policy as a moderating variable of the top 100 listed companies in Indonesia. Methodology/Technique – The sample was selected using purposive sampling, which consists of publicly-traded non-finance companies listed on the Kompas 100 Index and preparing audited financial statements for the year ended December 31 using Rupiah as its reporting currency. The secondary data were analyzed with moderated regression analysis method. Finding

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Adebayo Oke, Lukman, Yusuf Olamilekan Qqadri, Daud Omotosho Ssaheed, and Kehinde Alao. "WORKING CAPITAL MANAGEMENT AND FIRMS’ PROFITABILITY: EVIDENCE FROM CONSUMER GOODS SECTOR IN NIGERIA (2011 – 2018)." GOMBE JOURNAL OF ADMINISTRATION AND MANAGEMENT (GJAM) 2, no. 2 (2019): 186–97. https://doi.org/10.64290/gjam.v2i2.992.

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Firms’ profitability tends to be maximized as a result of efficiency and interrelationship between some prominent factors like a firm’s size, working capital, financial and operational risks among others. However, from all these factors, working capital is crucial as it affects the operational activities of firms. This study investigates the impact of working capital management on the profitability of firms in the consumer goods sector in Nigeria. Generalized least squares technique was used to analyze the data extracted from the audited financial statements of the sampled firms for the period

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Strifler, Matthias. "Profit sharing and firm profitability." Journal of Participation and Employee Ownership 1, no. 2/3 (2018): 191–220. http://dx.doi.org/10.1108/jpeo-02-2018-0007.

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Purpose This purpose of this paper to examine how profit sharing depends on the underlying profitability of firms. More precisely, motivated by theoretical research on fair wages and unionized labor markets, profit sharing is estimated for six different profitability categories: positive, increasing, positive and increasing, negative, decreasing and negative or decreasing. Design/methodology/approach The paper exploits a high-quality linked employer–employee data set covering the universe of Finnish workers and firms. Endogeneity of profitability and self-selection of firms in different profit

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Mohammed, Musah, Kong Yusheng, and Kwadwo Antwi Stephen. "A Panel Data Analysis of the Interactions between Lagged Profitability and Firms' Financial Performance Evidence from the Ghana Stock Exchange GSE." International Journal of Trend in Scientific Research and Development 3, no. 4 (2019): 633–38. https://doi.org/10.31142/ijtsrd23848.

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This study sought to examine the association between lagged profitability and the financial performance of non financial firms listed on the Ghana Stock Exchange GSE . Specifically, the study sought to explore the relationship between lagged profitability and the firms' financial performance as measured by ROA assess the association between lagged profitability and the firms' financial performance as measured by ROE and to examine the affiliation between lagged profitability and the firms' financial performance as measured by ROCE. Panel data extracted from the audited and publishe

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Katsampoxakis, Ioannis, Haralampos Basdekis, and Konstantinos Anathreptakis. "How Firm and Market Characteristics Affect Profitability." International Journal of Corporate Finance and Accounting 2, no. 1 (2015): 67–83. http://dx.doi.org/10.4018/ijcfa.2015010104.

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This study aims to assess the impact of specific corporate and market features on the profitability of firms. More precisely, the variables examined for the purposes of this study are firms' size, financial leverage, accruals, volatility of profitability, growth rate of the Greek economy, the 10-year Greek government bond yield, and the Greek sovereign debt crisis. The empirical results exhibit an average profitability of 10.71%, which varies significantly both between firms and during the time period examined. Another finding of this study is the verification of the theoretical relationship b

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Tago, Gwatako, and Sadiki Sumawe. "Exploring the Causal Effect of Cash Conversion Cycle Signals on Profitability of Tanzanian Manufacturing Firms." International Journal of Economics, Finance and Management Sciences 12, no. 5 (2024): 318–28. http://dx.doi.org/10.11648/j.ijefm.20241205.19.

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Management of Cash Conversion Cycle (CCC) components is piercing for firms’ profitability. Financial Managers world-wide, adopts cash conversion cycle in measuring and estimating the level of risks and return of their firms for profit and wealth maximization. As a result, managers keep an eye on the drivers and derailers of profitability. The study focused on establishing the causal effect of cash conversion cycle on profitability while exploring whether single or double digit indicators matter for profitability determination of manufacturing firms. Theoretical and extant empirical literature

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Honjo, Yuji. "Do profitable start-up firms grow faster? Evidence from Colombia." Cuadernos de Economía 37, no. 75 (2018): 727–54. http://dx.doi.org/10.15446/cuad.econ.v37n75.69123.

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This study explores the impact of profitability on the growth of start-up firms. Using data on start-up firms in Colombia, we examine the relationship between firm growth and profitability. We provide evidence that start-up firms with higher profitability increase their total assets. However, we find little evidence that profitability positively affects sales growth for start-up firms. In contrast, the results provide support for the notion that profitability is derived from sales growth. Furthermore, we find that firm growth depends heavily on firm age during the start-up stage.

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Allee, Kristian D., Brad A. Badertscher, and Teri Lombardi Yohn. "Private versus Public Corporate Ownership: Implications for Future Changes in Profitability." Journal of Management Accounting Research 32, no. 2 (2019): 27–55. http://dx.doi.org/10.2308/jmar-52550.

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ABSTRACT We investigate the association between public versus private ownership and future changes in profitability. Managers have long debated the implications of public and private corporate ownership; however, little empirical research has provided insight into the issue. We find robust evidence that public firms are associated with significantly lower future changes in operating profitability compared to private firms matched on current profitability, size, growth, and industry. We also find that the differential future changes in profitability of public and private firms manifests in both

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18

Husain, T., Sarwani, Nardi Sunardi, and Lisdawati. "Firm's Value Prediction Based on Profitability Ratios and Dividend Policy." Finance & Economics Review 2, no. 2 (2020): 13–26. http://dx.doi.org/10.38157/finance-economics-review.v2i2.102.

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Purpose: This study aims to empirically prove the research framework regarding the Firm’s Value based on Profitability Ratios associated with Dividend Policy. The firm's Value is measured using a Price-to-Book Value (PBV) Approach. Methods: This study included a sample of 11 firms under the automotive and components sib sector listed in the Indonesia Stock Exchange. It included data for the period of 2014-2018. This study applied path analysis using the Sobel test of the direct and indirect effects using IBM SPSS 23.0. Results: The study finds that Profitability Ratios has no signi

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Muhamad Muslih and Nurlina. "Firm’s Value: Governance, Risk Management, Compliance (GRC) and Profitability." Riset Akuntansi dan Keuangan Indonesia 9, no. 2 (2024): 190–99. https://doi.org/10.23917/reaksi.v9i2.5785.

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The research being conducted investigates the effect of governance, risk management, compliance (GRC), and profitability on the value of firms. The audit committee, managerial ownership, institutional ownership, and independent board of commissioners represent the corporate governance variables applied in this study. The research population covers firms in the basic materials sector listed on the Indonesia Stock Exchange between 2019 and 2022. The sampling technique employed is purposive sampling, consisting of a sample size of 15 enterprises observed over four years. The testing methodology e

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Seiyaibo Carl MADAWA PhD, ACA and Frank, Orits EBIAGHAN. "ENVIRONMENTAL COST DISCLOSURE AND CORPORATE PROFITABILITY: EVIDENCE FROM NIGERIAN OIL AND GAS FIRMS." Finance & Accounting Research Journal 4, no. 4 (2022): 169–79. http://dx.doi.org/10.51594/farj.v4i4.399.

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Environmental Accounting as an emerging field in accounting pedagogy and practice is gaining wide acceptance among stakeholders as they communicate significant information regarding the sustainability of the firm's activities while assisting management in enhancing environmental performance of their firm. This research aims at examining the effect of environmental cost disclosure(ECD) on corporate profitability in listed oil and gas firms in Nigeria, adopting ex-post facto research design, 10 firms were sampled from a population of fifty listed oil and gas firms. Data on Return on equity(ROE),

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Zulkipli, Muhamad Adhwa, Nik Anis Idayu Nik Abdullah, and Amrizah Kamaluddin. "The Relationship Between Financial Leverage and Liquidity, and Firms’ Profitability of the Agricultural Industry: Evidence from Malaysian Listed Firms." Asia-Pacific Management Accounting Journal 14, no. 3 (2019): 203–21. http://dx.doi.org/10.24191/apmaj.v14i3-09.

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This study examined the relationship between financial leverage and liquidity with firms’ profitability of the Malaysian agricultural industry between 2011 to 2015. Additionally, the study attempted to examine the ability of both financial leverage and liquidity in predicting firms’ profitability. Financial ratios of 40 agriculturural firms’ that were listed in the Bursa Malaysia Main Board were taken as the sample. The selected variables for the study were Debt Equity Ratio (DTE), Interest Coverage Ratio (ICR), Proprietary Ratio (PR), Current Ratio (CuR), Quick Ratio (QR) and Cash Ratio (CsR)

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Koroma, Saidu, and Sulaiman Kamara. "The Moderating Role of Dividend Payout on the Relationship Between Working Capital Management and Profitability: Evidence from Japan's Technology Hardware and Equipment Industry." Journal of International Financial Trends 1, no. 1 (2025): 29–50. https://doi.org/10.55578/jift.2505.003.

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This study examines the moderating impact of dividend payout on the relationship between working capital management and profitability. The working capital management is measured by the cash conversion cycle, and return on assets and Tobin’s Q as profitability measure. The data were collected from the Thomson Reuters Eikon database spanning from 2002 to 2023. The study employed the two-step Generalized Method of Moments (GMM), and Fully Modified Ordinary Least Squares (FMOLS) methods, to estimate the moderating effect of dividend payout ratio on the relationship between CCC and profitability. T

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Diaz, John Francis, and Rudresh Pandey. "FACTORS AFFECTING RETURN ON ASSETS OF US TECHNOLOGY AND FINANCIAL CORPORATIONS." Jurnal Manajemen dan Kewirausahaan 21, no. 2 (2019): 134–44. http://dx.doi.org/10.9744/jmk.21.2.134-144.

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The research studies the relationship between eight firm-specific factors on the profitability of U.S. technology and financial firms. The study used multiple linear panel regression models, namely, ordinary least squares (OLS), fixed effects (FE) and random effects (RE) models. Empirical findings show that return on equity ratio is negatively related with return on assets (ROA), while return on sales ratio has positive relationship with profitability for both technology and financial firms. On one hand, current ratio has a positive relationship with the profitability of the financial firms, w

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Sumarno, Johanes, Sendy Widjaja, and Subandriah Subandriah. "The Impact Of Good Corporate Governance To Manufacturing Firm’s Profitability And Firm’s Value." Signifikan: Jurnal Ilmu Ekonomi 5, no. 2 (2016): 181–96. http://dx.doi.org/10.15408/sjie.v5i2.3542.

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This paper studied the behavior of management toward the implementation of Good Corporate Governance in Indonesia to determine whether it has any influence towards profitability and its implication to the Manufacturing Firms’ value publicly listed in Indonesian Stock Exchange. There were 41 corporations who met the criteria of the survey. The data were analyzed using Panel Regression with fixed effects Model. The empirical findings show that the implementation of Corporate Governance in Indonesia has a positive, significant and direct impact toward firms’ profitability and firms’ value. Corpor

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Chigbo, C. C., and A. O. Okonkwo. "Management Leadership Styles and Profitability of Production Firms in South East, Nigeria." Contemporary Journal of Management 5, no. 4 (2023): 1–16. https://doi.org/10.5281/zenodo.10029469.

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<i>The study examined the relationship between management leadership styles and profitability of production firms in South East, Nigeria. The specific objectives include to examine the extent of which autocratic leadership relates to profitability of production firms in South East, Nigeria and to investigate the extent of which democratic leadership relates to profitability of production firms in South East, Nigeria. The study adopted survey research design. The sample size of the study was 132 using purposive statistical method under what previous authors did. Questionnaire instrument was val

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Besley, Timothy, Nicola Fontana, and Nicola Limodio. "Antitrust Policies and Profitability in Nontradable Sectors." American Economic Review: Insights 3, no. 2 (2021): 251–65. http://dx.doi.org/10.1257/aeri.20200316.

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Firms in tradable sectors are more likely to be subject to external competition to limit market power, while nontradable firms are more dependent on domestic policies and institutions. This paper combines an antitrust index available for multiple countries with firm-level data from Orbis covering more than 12 million firms from 94 countries, including 20 sectors over 10 years and finds that profit margins of firms operating in nontradable sectors are significantly lower in countries with stronger antitrust policies compared to firms operating in tradable sectors. The results are robust to a wi

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Mandacı, Pınar, and Guluzar Gumus. "Ownership Concentration, Managerial Ownership and Firm Performance: Evidence from Turkey." South East European Journal of Economics and Business 5, no. 1 (2010): 57–66. http://dx.doi.org/10.2478/v10033-010-0005-4.

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Ownership Concentration, Managerial Ownership and Firm Performance: Evidence from TurkeyThis study examines the effects of ownership concentration and managerial ownership on the profitability and the value of non-financial firms listed on the Istanbul Stock Exchange (ISE) in the context of an emerging market. We measure the firm's performance by Return on Assets (ROA) and Tobin's Q ratios, where the former measures profitability and the latter the value of the firm. In addition, we give detailed information on the main characteristics of the ownership structures of the firms in our sample and

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Geroski, Paul, Steve Machin, and John Van Reenen. "The Profitability of Innovating Firms." RAND Journal of Economics 24, no. 2 (1993): 198. http://dx.doi.org/10.2307/2555757.

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Tahat, Ibrahim. "Pricing strategy and firms profitability." SocioEconomic Challenges 7, no. 4 (2023): 124–32. http://dx.doi.org/10.61093/sec.7(4).124-132.2023.

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This paper summarizes the arguments and counterarguments within the scientific discussion on the issue price decision and its significantly impact on the firm profitability and market competitive position, pricing strategy considered to be fundamental tool for market growth, in today’s extremely competitive market, adopting a pricing plan is essential. In response to the demands of the industry, several pricing models have been developed under the influence of multiples factors (organization and management attitude, product cost structure, industry, and gap between local and target markets). T

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Liu, Jing, James A. Ohlson, and Weining Zhang. "An Evaluation of Chinese Firms' Profitability: 2005–2013." Accounting Horizons 29, no. 4 (2015): 799–828. http://dx.doi.org/10.2308/acch-51154.

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SYNOPSIS We empirically examine the profitability of leading Chinese firms, benchmarked against comparable U.S. firms, for the period 2005–2013. Return on invested capital (ROIC), which excludes leverage effects on performance, provides the primary metric. Averaged over firms and years, the two sets of firms have similar profitability, about 11 percent annually. Decomposing ROIC into free cash flow yield and invested capital growth, we show that the same ROIC has very different compositions: while the Chinese firms have high growth and negative free cash flows, the U.S. firms have low growth a

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Fu, Dahai, and Yanrui Wu. "Foreign Entry and Profitability of Domestic Firms: Evidence from China." Asian Economic Papers 12, no. 2 (2013): 34–60. http://dx.doi.org/10.1162/asep_a_00206.

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Profitability provides a yardstick for judging the operational efficiency, growth, and survival of a business enterprise. This study investigates the determinants of firm profitability in the Chinese manufacturing sector, with a focus on the impact of foreign entry on the profitability of domestic firms. Our findings show an inverted-U relationship between foreign entry and the profitability of domestic firms. Furthermore, we also find that the effect of foreign entry on domestic firm profitability varies according to the ownership structure of domestic firms and the export intensity of foreig

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Milošev, Ivana. "The impact of working capital management on profitability of large firms in Serbia." Poslovna ekonomija 15, no. 2 (2021): 1–18. http://dx.doi.org/10.5937/poseko20-34263.

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Short term firms' decisions about working capital influence the firms value and profitability. This study aims to find new empirical evidence of the influence of managing working capital on profitability, measured by ROA, with application to 367 large non-financial firms in Serbia during a four-year period (2016-2019) using panel-corrected standard error model. The results show that after controlling the characteristics of the firm and macroeconomic conditions, working capital management has statistically significant and non linear influence to firm profitability. This suggests the existence o

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Mukaria, Joyline Nkatha. "Corporate Governance, Inflation and Profitability of Manufacturing and Allied Firms Listed at the Nairobi Securities Exchange in Kenya." Journal of Finance and Accounting 9, no. 1 (2025): 106–26. https://doi.org/10.53819/81018102t4315.

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Despite being recognized as pillars of economic upsurge and development, the manufacturing and allied firms listed at the Nairobi Securities Exchange in Kenya have consistently faced challenges as far as their profitability is concerned. For instance, in the period 2016-2023, their average value of return on assets stood at -0.0134, meaning significant amount of loses were reported by these firms. Against this background, the study sought to establish the effect of corporate governance and inflation rate on profitability of manufacturing and allied firms listed at the Nairobi Security Exchange

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Mwelu, Noah. "Risk Management Mediates the Relationship Between Outsourcing and Profitability of Manufacturing Firms." Journal of Mechanical and Construction Engineering (JMCE) 3, no. 2 (2023): 1–7. http://dx.doi.org/10.54060/jmce.v3i2.33.

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Over decades, manufacturing firms are struggling to remain competitive in an intense manufacturing industry. The struggle is due to increasing manufacturing companies dealing in similar or related products. Given the competitive dynamics in the manufacturing industry, firms are proactively searching for viable strategies to ensure profitability and survival. Scholars and management have jointly conducted studies to find ami-cable strategies influencing firms’ profitability. Whereas various studies have been conducted on profitability, majority of these studies were concerned with strategies di

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Rohit Gour. "Law Firm Profitability and Financial Strategies." Journal of Information Systems Engineering and Management 10, no. 44s (2025): 903–10. https://doi.org/10.52783/jisem.v10i44s.8688.

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Law firms operate in a rapidly evolving financial landscape where profitability depends on strategic planning, cost control, and innovative revenue models. Traditional billing methods are giving way to alternative fee structures like fixed and value-based pricing, driven by changing client expectations. Rising operational costs, increased competition, and economic uncertainties demand smarter financial management. Technology plays a pivotal role, with AI, automation, and data analytics transforming legal operations and enhancing efficiency. Additionally, cyber security has become a critical co

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Kotey, Richard Angelous. "Does Capital Structure Affect Profitability of Listed Ghanaian Firms?" Journal of Developing Areas 58, no. 2 (2024): 161–77. http://dx.doi.org/10.1353/jda.2024.a924534.

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ABSTRACT: Capital structure is one of the crucial decisions managers must make that can affect a firm's short-term and long-term value maximization prospects. Though extant studies have shown capital structure significantly affects profits, researchers have struggled to find an optimal mix of capital structure ideal for value maximization due to the influence of macro and micro factors. There is therefore the need for this to be properly studied contextually. Building on the Pecking Order Theory, this study examines the capital structure effects on profitability from a short-term, long-term, a

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LEGGERINI, CHIARA, Letizia Lo Preiato, and Mariasole Bannò. "Assessing Support for Gender Equality Certification in Italian Lombard Companies." International Conference on Gender Research 8, no. 1 (2025): 218–24. https://doi.org/10.34190/icgr.8.1.3244.

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This study examines the firm's factors influencing the likelihood of participating in the Lombardy Region's call for support for gender equality certification. The sample under study consists of 12,694 micro, small, and medium-sized firms in Lombardy, of which 575 firms participated in the Lombardy region's call for tenders to support gender equality certification. The research analyses the impact of the presence of women on boards of directors and in executive positions, firm age, profitability, and financial constraints. The results show that firms with a higher percentage of women on boards

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Ghose, Biswajit, and Kailash Chandra Kabra. "Firm Profitability and Adjustment of Capital Structure: Indian Evidence." Vision: The Journal of Business Perspective 23, no. 3 (2019): 297–308. http://dx.doi.org/10.1177/0972262919855804.

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The present study investigates the relevance of capital structure dynamics in Indian context by examining the speed at which firms adjust towards their target capital structure. Apart from symmetric adjustment speed, the study also investigates the asymmetries in adjustment speed based on profitability of firms. Using partial adjustment framework on an unbalanced panel of 28,532 firm-year observations comprising 2,718 listed firms over a period of 2004–2005 to 2015–2016, the study finds that Indian firms maintain target leverage and adjust towards the same with a moderate annual adjustment spe

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Wulandari, Ica, and Ika Wulandari. "The Effect of Profitability, Liquidity and Company Size on Capital Structure in Companies Listed on the Indonesian Stock Exchange." Jurnal Syntax Admiration 5, no. 7 (2024): 2577–88. http://dx.doi.org/10.46799/jsa.v5i7.1277.

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This study investigates the effect of profitability, liquidity, and firm size on the capital structure of firms listed on the Indonesia Stock Exchange (IDX). Using data from manufacturing firms, the study found that profitability and liquidity have a negative and significant influence on capital structure decisions, with more profitable firms tending to rely on less debt and more internal sources of funds. However, firm size does not consistently have a significant negative impact on capital structure, suggesting that external factors such as capital market conditions and economic policies hav

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Prempeh, Kwadwo Boateng, and Godfred Peprah-Amankona. "Does Working Capital Management Affect Profitability of Ghanaian Manufacturing Firms?" Zagreb International Review of Economics and Business 23, no. 1 (2020): 1–18. http://dx.doi.org/10.2478/zireb-2020-0001.

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AbstractThis paper analyses the link between working capital management and profitability of firms in the context of developing economies. A balanced panel consisting of eleven (11) manufacturing firms listed on the Ghana Stock Exchange covering the period of 2011-2017 was used. The link between working capital management and profitability was examined using dynamic panel regression (Arellano-Bond Estimation) technique. The study revealed that there is a significant positive linear relationship between working capital management and firms’ profitability. The findings also reveal the existence

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Yun Li. "Corporate Governance, Leverage, and Firm Performance in South Korea." Journal of Economics, Finance and Accounting Studies 6, no. 5 (2024): 73–80. http://dx.doi.org/10.32996/jefas.2024.6.5.8.

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Corporate Governance affects corporate financial decisions and is a source of financial performance. This study investigates the complex interplay between corporate governance, leverage, and profitability for a sample of Korean firms. We used data from 510 Koran firms from 2010 to 2020 and employed the Ordinary Least Square estimation technique. Our results show that corporate governance components such as board size, females on board, and audit quality neither impact firms’ leverage nor their profitability. However, the leverage of Korean firms improves their profitability. Our results have m

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Ali, Anis, and Nadeem Fatima. "Do the Size of Oil and Gas Firms Govern their Financial Performance? With Special Reference to Indian Oil and Gas Firms." International Journal of Energy Economics and Policy 13, no. 2 (2023): 166–74. http://dx.doi.org/10.32479/ijeep.14051.

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The amount of profitability, liquidity, solvency, and resource utilization are used to evaluate a corporate organization's financial performance. The firm's size is determined by revenue, overall resources, and the availability of capital to execute the business operations. The study tries to get the governance of the financial performance by the size of firms in the Indian oil and gas sector. The study is based on secondary data taken from the website of Indian oil and gas companies. ANOVA, stacked column chart, and Tukey’s homogeneity analysis applied for to get the disparity, variations and

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Rofizar, Heny, Muhammad Arfan, and Faisal Faisal. "PENGARUH ARUS KAS BEBAS, PERTUMBUHAN PERUSAHAAN DAN PROFITABILITAS TERHADAP FINANCIAL LEVERAGE (Studi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia)." JURNAL PERSPEKTIF EKONOMI DARUSSALAM 6, no. 1 (2020): 1–14. http://dx.doi.org/10.24815/jped.v6i1.16415.

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AbstractThe objective of this research is to examine the influence of free cash flow, firm growth, and profitability on financial leverage of manufacturing companies listed in Indonesian Stock Exchange for the period 2011 to 2015. Out of 121 manufacturing companies, 34 companies were selected as sample using purposive samping technique and then it estimated using path analysis. The results of this research show that: (1) free cash flow have positive influence towards financial leverage; (2) firm growth have positive influence towards financial leverage; and (3) profitability have negative infl

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Labadze, Lasha, and Mohamed M. Sraieb. "Impact of Anti-Pandemic Policy Stringency on Firms’ Profitability during COVID-19." Sustainability 15, no. 3 (2023): 1940. http://dx.doi.org/10.3390/su15031940.

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The coronavirus (COVID-19) pandemic devastated all economies across the world and triggered a deterioration in firms’ financial performance. However, some sectors turned out to be more vulnerable while others continued to perform well during the crisis period. Given this fact, we conducted a comprehensive study to estimate the impact of the COVID-19 pandemic on firms’ profitability in Europe. We used a dynamic panel data approach and a system generalized method of moment (System-GMM) model to investigate (i) which sectors were affected and what was the magnitude of the impact on firms’ profita

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Nwaeze, Nnamdi Chinwendu. "The Impact of Working Capital Management on Firm’s Profitability: Evidence from Selected Quoted Multi-Sectoral Firms in Nigeria." INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT 8, no. 3 (2023): 88–98. http://dx.doi.org/10.56201/ijefm.v8.no3.2023.pg88.98.

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The primary objective of this study is to investigate the impact of working capital management on the profitability of twenty quoted multi-sectoral firms in Nigeria. The data used for this study was extracted from the annual report and financial statements of twenty quoted firms in our sample for the period of fifteen years (2005 - 2020) cutting across petrochemicals, publishing, food & beverages, manufacturing, pharmaceuticals and hospitality. The authors utilised the random-effects generalized least squares econometric technique to analyse the data collected from 2005-2020. Findings show

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Mavromatti, Athanasia, Achilleas Kontogeorgos, and Fotios Chatzitheodoridis. "Greek Fish Farming: Measuring Profitability and Efficiency of the Sector at the peak of Economic Crisis." WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS 18 (September 29, 2021): 1272–79. http://dx.doi.org/10.37394/23207.2021.18.118.

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Fish farming play important role in providing food and income in many EU countries, either as a stand-alone activity or in association with crop agriculture and livestock rearing. Fish farming is widespread in Greece and differs only with respect to species, production systems and volumes. Moreover, the Greek economic crisis has heavily affected the fish farming sector and challenges the competitiveness of farms. The objective of the current paper is the examination of the profitability and efficiency of the Greek fish farming industry during the most crucial years of Greek economic crisis by

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Murthy, R. L. N., and Hardeep Singh Mundi. "Stock Return Synchronicity and Profitability: Evidence from India." Paradigm: A Management Research Journal 27, no. 1 (2023): 47–59. http://dx.doi.org/10.1177/09718907231173336.

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The current research article studies the stock return synchronicity (SYNCH) and profitability for Indian firms. SYNCH is measured using the value of R2 calculated from the market model for the sample firms. The market model runs regressions of individual stock returns with the Nifty index return. The quantile regression model is run to study the SYNCH and profit after tax (PAT). In addition, the SYNCH and its relation with PAT for low-quantile firms are compared to the SYNCH of high-quantile firms. After controlling for relevant variables, the quantile regression results provide evidence that

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Nanda, Swagatika, and Ajaya Kumar Panda. "A quantile regression approach to trail financial performance of manufacturing firms." Journal of Applied Accounting Research 20, no. 3 (2019): 290–310. http://dx.doi.org/10.1108/jaar-06-2018-0091.

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Purpose The purpose of this paper is to track the financial performance of manufacturing firms at different levels of their conditional quantiles. It also analyzes the relevance of revenue and cost channels along with key firm-specific parameters that influence firm’s profitability. Design/methodology/approach The study analyses a sample of 1,000 manufacturing firms over a study period spanning from 2000 to 2016. It uses both quantile regression and panel ordinary linear square (OLS) models to analyze the financial performance of the firms. Findings The study finds large scale of heterogeneity

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Asare, Emmanuel Tetteh, King Carl Tornam Duho, Cletus Agyenim-Boateng, Joseph Mensah Onumah, and Samuel Nana Yaw Simpson. "Anti-corruption disclosure as a necessary evil: impact on profitability and stability of extractive firms in Africa." Journal of Financial Crime 28, no. 2 (2021): 531–47. http://dx.doi.org/10.1108/jfc-09-2020-0173.

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Purpose This study aims to examine the effect of anti-corruption disclosure on the profitability and financial stability of extractive firms in Africa. It also tests the convergence of profitability and financial stability. Design/methodology/approach The study uses an unbalanced panel data of 27 firms operating in five African countries covering the period 2006–2018. Anti-corruption assessment is done in line with GRI 205: Anti-Corruption. Profitability is measured using the return on asset and return on equity, whereas the z-score measures financial stability. The study uses the panel-correc

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Panda, Ajaya Kumar, and Swagatika Nanda. "Working capital financing and corporate profitability of Indian manufacturing firms." Management Decision 56, no. 2 (2018): 441–57. http://dx.doi.org/10.1108/md-07-2017-0698.

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Purpose The purpose of this paper is to provide empirical evidence about the relationship between working capital financing (WCF) and firm profitability in six key manufacturing sectors of Indian Economy. It also aims to capture the change in the financing of working capital requirement over different scenarios of price-cost margin and financial flexibility. Design/methodology/approach The study is undertaken on a sample of 1,211 firms from 6 key manufacturing sectors of Indian economy from 2000 to 2016. The non-linear relationship between WCF and profitability is studied using two-step genera

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