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Determinants Of Firm Performance: Evidence From Romanian Listed Companies

Author

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  • Sebastian LAZAR

    (Faculty of Economics and Business Administration, University Alexandru Ioan Cuza of Ia?i, Romania)

Abstract

The paper investigates firm-specific determinants of firm profitability for Romanian listed companies over the 2000-2011 period within the framework of resource based view of the firm. The results show that tangibles, leverage, size and labour intensity have negative effect on firm performance, while sales growth and value added have a positive effect. The results prove robust when introducing two-way fixed effects model and industry year effects model (in order to simultaneously account for specific industry characteristics and time effects).

Suggested Citation

  • Sebastian LAZAR, 2016. "Determinants Of Firm Performance: Evidence From Romanian Listed Companies," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 17, pages 53-69, June.
    • Handle: RePEc:aic:revebs:y:2016:j:17:lazars
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    File URL: http://rebs.feaa.uaic.ro/articles/pdfs/200.pdf
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    References listed on IDEAS

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    Cited by:

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