Contribución del tamaño, edad y perfil financiero de las constructoras del País Vasco a la competitividad
AbstractIn this paper we analyze the influence of corporate age and size on profitability as well as the economic-financial characteristics that best distinguish the most profitable companies in the construction sector within the Basque Country, compared to the less profitable ones. The information comes from the Annual Accounts sample of firms within the period of 2004-2005; the Mann-Whitney test and the logistic regression are used as analytical techniques. The results prove the relevance of the size (sales) and liquidity, and that staff productivity has a strong relationship with profitability, while not depending on age. It also proves that the more profitable firms are the ones which have a lower level of indebtedness.
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Bibliographic InfoArticle provided by Gobierno Vasco / Eusko Jaurlaritza / Basque Government in its journal EKONOMIAZ.
Volume (Year): 69 (2008)
Issue (Month): 03 ()
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Postal: Dpto. de Hacienda y Finanzas, Gobierno Vasco, C/Donostia-San Sebastián, 1, 01010 Vitoria-Gasteiz, Spain
Find related papers by JEL classification:
- L74 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Construction
- M41 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Accounting
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