Firm and industry effects on firm profitability: an empirical analysis of KSE
The study meant to explore the external and internal factors which influence firm’s profitability i.e. “Firm and Industry Effects on Firm Profitability”. In this research ROA and ROE has taken as profitability measure and their dependency has checked with firm effect, industry effect and market share. Data has extracted from “Balance Sheet Analysis of Joint Stock Companies Listed on the Karachi Stock Exchange Volume-II 2004-2009” which is state bank of Pakistan publications and it represents six year financial statements of the firms. By using Regression analysis technique result has found which represent that all three independent factor i.e. firm effect, industry effect and market share are significant with ROA and ROE.
|Date of creation:||04 Jul 2011|
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Web page: https://mpra.ub.uni-muenchen.de
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- Gabriel Hawawini & Venkat Subramanian & Paul Verdin, 2005. "Is performance driven by industry or firm-specific factors? A response to McNamara, Aime and Vaaler," ULB Institutional Repository 2013/14192, ULB -- Universite Libre de Bruxelles.
- Eriksen, Bo & Knudsen, Thorbjorn, 2003. "Industry and firm level interaction: Implications for profitability," Journal of Business Research, Elsevier, vol. 56(3), pages 191-199, March. Full references (including those not matched with items on IDEAS)
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