IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2020i1p177-188.html
   My bibliography  Save this article

Stock Market Performance Analysis Of Pharmaceutical, It And Automotive Companies From Poland

Author

Listed:
  • BĂRNUŢ Cătălin-Florin

    (Doctoral School of Economic Sciences, Faculty of Economic Sciences, University of Oradea, Oradea, Romania)

Abstract

The pharmaceutical, IT and automotive sectors were chosen for the analysis based on their continuous growth and intense development in the Polish regions during the recent years. Performance represent the key element to stay on the market, therefore, evaluating performance is of high importance for the management, shareholders and trading partners. The study focuses on analyzing the financial statements and the evolution between years 2009 and 2018 of the companies from the mentioned sector listed on the Warsaw Stock Exchange (WSE). Performance was analyzed using the main stock market indicators such as Return on Assets, Return on Equity and Price to Earnings Ratio, considered significant for the study in order to generate conclusions for the decision makers. The study has reached its objectives by providing significant information regarding the performance, evolution and ranking of the analyzed companies, facilitating future investment decisions.

Suggested Citation

  • BĂRNUŢ Cătălin-Florin, 2020. "Stock Market Performance Analysis Of Pharmaceutical, It And Automotive Companies From Poland," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 177-188, July.
    • Handle: RePEc:ora:journl:v:1:y:2020:i:1:p:177-188
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2020/n1/016.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Joshua Abor & Godfred A. Bokpin, 2010. "Investment opportunities, corporate finance, and dividend payout policy," Studies in Economics and Finance, Emerald Group Publishing Limited, vol. 27(3), pages 180-194, August.
    2. Zeitun Rami, 2014. "Corporate Governance, Capital Structure and Corporate Performance: Evidence from GCC Countries," Review of Middle East Economics and Finance, De Gruyter, vol. 10(1), pages 75-96, April.
    3. Muhammad Zulqarnain Jatoi & Ghulam Shabir & Naqvi Hamad & Nadeem Iqbal & Khan Muhammad, 2014. "A Regressional Impact of Earning per Share on Market Value of Share: A Case Study Cement Industry of Pakistan," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 4(4), pages 221-227, October.
    4. Ardeleanu-Popa Carmen & Cirmaciu Diana, 2009. "Considerations About The Forms Of Judicial Responsibility In The Matter Of Budgetary Execution," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 3(1), pages 53-56, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Samal Kokeyeva & Petr Hajek & Ainagul Adambekova, 2022. "Small Firms’ Capital Structure and Performance," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 128-144.
    2. Muhammad Usman Kemal & Sadaf Kashif, 2018. "Investor’s behavior towards dividend paying out firms," Prizren Social Science Journal, SHIKS, vol. 2(2), pages 12-26, December.
    3. Mahmoud Agha & Baban Eulaiwi, 2020. "The alignment effects of CEO stock incentives in the presence of government ownership: International evidence from Gulf Cooperation Council countries," Australian Journal of Management, Australian School of Business, vol. 45(2), pages 195-222, May.
    4. Mohammad Shahidul Islam & ATM Adnan, 2022. "Determinant Factors of Dividend Policy Using a Structural Equation Modeling Approach: A Study of the Banking Sector of Bangladesh," Oblik i finansi, Institute of Accounting and Finance, issue 1, pages 49-58, March.
    5. Geetanjali Pinto & Shailesh Rastogi, 2019. "Sectoral Analysis of Factors Influencing Dividend Policy: Case of an Emerging Financial Market," JRFM, MDPI, vol. 12(3), pages 1-18, June.
    6. Abdallah, Abed Al-Nasser & Ismail, Ahmad K., 2017. "Corporate governance practices, ownership structure, and corporate performance in the GCC countries," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 46(C), pages 98-115.
    7. Hussain Tahir & Ridzuan Masri & Mahfuzur Rahman, 2020. "Determinants of Dividend Pay-Out Policy of Listed Non-financial Firms in Malaysia," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(2), pages 68-76, April.
    8. Sunday Akpan & Fauziah Mahat & Bany-Ariffin Noordin & Annuar Nassir, 2017. "Revisiting Insurance Capital Structure, Risk-Taking Behaviour and Performance between 1995 – 2002," Asian Social Science, Canadian Center of Science and Education, vol. 13(11), pages 128-128, November.
    9. Sunday S. Akpan & Fauziah Mahat & Bany-Ariffin Noordin & Annuar Nassir, 2017. "Contrasting the Effect of Risk- and Non Risk-Based Capital Structure on Insurers’ Performance in Nigeria," Social Sciences, MDPI, vol. 6(4), pages 1-17, November.
    10. Eman Fathi Attia & Hamsa hany Ezz Eldeen & Sameh said Daher, 2023. "Size-Threshold Effect in the Capital Structure–Firm Performance Nexus in the MENA Region: A Dynamic Panel Threshold Regression Model," Risks, MDPI, vol. 11(2), pages 1-13, January.
    11. Hussein Ahmad Bataineh & Sulaiman Salim Al Harthy & Raqiya Ali Al Balushi, 2021. "The Relationship Between Corporate Governance Practices and Financial Performance: Evidence from Amman Stock Exchange," Journal of Finance and Investment Analysis, SCIENPRESS Ltd, vol. 10(1), pages 1-4.
    12. Islam Mohammad Shahidul & Adnan Atm, 2019. "Dividend Practices in Listed Companies: Study on the Manufacturing Sector of Bangladesh," Management of Organizations: Systematic Research, Sciendo, vol. 81(1), pages 1-19, June.
    13. Muhammad Nadeem Khan & Moona Shamim, 2017. "A Sectoral Analysis of Dividend Payment Behavior," SAGE Open, , vol. 7(1), pages 21582440166, January.
    14. Vu, Manh-Chien & Phan, Thanh Tu & Le, Nhu Tuyen, 2018. "Relationship between board ownership structure and firm financial performance in transitional economy: The case of Vietnam," Research in International Business and Finance, Elsevier, vol. 45(C), pages 512-528.
    15. Joseph Yensu & Charles Adusei, 2016. "Dividend Policy Decision across African Countries," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(6), pages 1-63, June.
    16. Yaseen Al-Janadi, 2021. "Ownership Structure and Firm Performance in the Middle East: A Meta-Analysis," JRFM, MDPI, vol. 14(12), pages 1-23, December.
    17. Shakri, Irfan Haider & Yong, Jaime & Xiang, Erwei, 2022. "Does compliance with corporate governance increase profitability? Evidence from an emerging economy: Pakistan," Global Finance Journal, Elsevier, vol. 53(C).
    18. Akbar, Muhammad & Hussain, Shahzad & Ahmad, Tanveer & Hassan, Shoib, 2020. "Corporate Governance and Firm Performance in Pakistan: Dynamic Panel Estimation," CAFE Working Papers 6, Centre for Accountancy, Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University.
    19. Feng, Zhi-Yuan & Wang, Chou-Wen & Lu, Yu-Hong, 2022. "The impact of climatic disaster on corporate investment policy," Journal of Multinational Financial Management, Elsevier, vol. 66(C).
    20. Jasmina Džafić & Nedžad Polić, 2018. "Corporate Finance Principles and Wood Industry Growth: Empirical Evidence from Bosnia and Herzegovina," International Business Research, Canadian Center of Science and Education, vol. 11(11), pages 74-83, November.

    More about this item

    Keywords

    Warsaw Stock Exchange; stock market performance; pharmaceutical; IT; automotive; stock market indicators;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2020:i:1:p:177-188. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.