The Link between Company Competitiveness and Financial Performance
AbstractCompany competitiveness and financial performance are two terms often used in literature but they usually appear distinctly and the relationship between them is not examined. This article provides a reasonable clarification regarding the concept of company competitiveness and theoretically argues for the positive influence it has on financial performance. Theoretical arguments are supported by an empirical investigation based on a linear regression model applied to a sample of 62 non-financial companies listed at Bucharest Stock Exchange. Results confirm the proposed hypothesis, showing that the two variables are positively correlated.
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Bibliographic InfoArticle provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): XI (2011)
Issue (Month): 1 (May)
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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company competitiveness; financial performance; Bucharest Stock Exchange;
Find related papers by JEL classification:
- D20 - Microeconomics - - Production and Organizations - - - General
- L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
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