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The Link between Company Competitiveness and Financial Performance

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  • Gruian Claudiu-Marian

    ()
    (West University of Timisoara Faculty of Economics and Business Administration)

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    Abstract

    Company 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 Info

    Article 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)
    Pages: 884-889

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    Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:884-889

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    Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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    Keywords: company competitiveness; financial performance; Bucharest Stock Exchange;

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