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The Financial Performance of the Leeds Engineering Sector

Author

Listed:
  • Stephen Dobson

    (Department of Economics and Commerce, University of Hull, Hull HU6 7RX)

  • Bill Gerrard

    (Department of Economics and Related Studies, University of York, Heslington, York YO1 SDD, UK)

Abstract

Using ratio analysis the financial performance of a sample of independent single-plant engineering firms in Leeds is examined with regard to structural and locational differences in establishments. A number of determinants of performance are derived and tested against the constructed data base. Inner-city engineering firms perform relatively less well on all indicators of performance compared with outer-city firms. The study illustrates the importance of using different measures of performance since this affects the magnitude and significance of the results. Financial support is necessary to sustain engineering in the inner city in the long run.

Suggested Citation

  • Stephen Dobson & Bill Gerrard, 1991. "The Financial Performance of the Leeds Engineering Sector," Urban Studies, Urban Studies Journal Limited, vol. 28(1), pages 53-64, February.
  • Handle: RePEc:sae:urbstu:v:28:y:1991:i:1:p:53-64
    DOI: 10.1080/00420989120080041
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    References listed on IDEAS

    as
    1. Mueller, Dennis C, 1972. "A Life Cycle Theory of the Firm," Journal of Industrial Economics, Wiley Blackwell, vol. 20(3), pages 199-219, July.
    2. Dobson, Stephen M & Gerrard, Bill J, 1989. "Growth and Profitability in the Leeds Engineering Sector," Scottish Journal of Political Economy, Scottish Economic Society, vol. 36(4), pages 334-352, November.
    3. Fothergill, Stephen, et al, 1984. "Differences in the Profitability of the U.K. Manufacturing Sector between Conurbations and Other Areas," Scottish Journal of Political Economy, Scottish Economic Society, vol. 31(1), pages 72-91, February.
    4. Grabowski, Henry G & Mueller, Dennis C, 1975. "Life-Cycle Effects on Corporate Returns on Retentions," The Review of Economics and Statistics, MIT Press, vol. 57(4), pages 400-409, November.
    5. Tyler, P & Moore, B C & Rhodes, J, 1988. "Geographical Variations in Industrial Costs," Scottish Journal of Political Economy, Scottish Economic Society, vol. 35(1), pages 22-50, February.
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    Cited by:

    1. S Dobson & B Gerrard, 1991. "Intraurban Location Effects on Firm Performance: Some Evidence from the Leeds Engineering Sector," Environment and Planning A, , vol. 23(5), pages 757-764, May.
    2. Kashif Imran & Khalid Naeem Akbar, 2011. "Determinants of Earnings: Evidence from Pakistan Engineering Sector," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 1(1), pages 40-48, March.

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