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The Financial Performance and Macroeconomic Dynamics in the Greek Retail Landscape

Author

Listed:
  • Gazilas, Emmanouil Taxiarchis
  • Belesis, Nicholas

Abstract

This study provides a comprehensive analysis of the Greek retail sector's financial landscape from 2015 to 2021, examining seven distinct subsectors. Employing rigorous financial ratio analysis and correlating results with macroeconomic indicators, the research reveals nuanced patterns in profitability, capital utilization, and liquidity. The findings underscore the sector's adaptability to macroeconomic shifts, with notable variations among subsectors. As Greece navigates economic fluctuations, strategic planning for diverse retail segments becomes imperative for sustained success. The study contributes valuable insights for stakeholders seeking to navigate the complex interplay of macroeconomics and finance in the dynamic retail environment.

Suggested Citation

  • Gazilas, Emmanouil Taxiarchis & Belesis, Nicholas, 2023. "The Financial Performance and Macroeconomic Dynamics in the Greek Retail Landscape," MPRA Paper 121310, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:121310
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    File URL: https://mpra.ub.uni-muenchen.de/121310/1/MPRA_paper_121310.pdf
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    References listed on IDEAS

    as
    1. Lev, B, 1969. "Industry Averages As Targets For Financial Ratios," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 7(2), pages 290-299.
    2. Mottner, Sandra & Smith, Steve, 2009. "Wal-Mart: Supplier performance and market power," Journal of Business Research, Elsevier, vol. 62(5), pages 535-541, May.
    3. Vishal Gaur & Marshall L. Fisher & Ananth Raman, 2005. "An Econometric Analysis of Inventory Turnover Performance in Retail Services," Management Science, INFORMS, vol. 51(2), pages 181-194, February.
    4. Sellers-Rubio, Ricardo & Más-Ruiz, Francisco J., 2009. "Efficiency vs. market power in retailing: Analysis of supermarket chains," Journal of Retailing and Consumer Services, Elsevier, vol. 16(1), pages 61-67.
    5. N. Gregory Mankiw, 2013. "Defending the One Percent," Journal of Economic Perspectives, American Economic Association, vol. 27(3), pages 21-34, Summer.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Gazilas, Emmanouil Taxiarchis, 2024. "Urban Fixed-Line Telecommunication Density and Its Influence on Financial Outcomes in Greece's Leading Telecom Firms," MPRA Paper 122531, University Library of Munich, Germany.

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    More about this item

    Keywords

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    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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