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MACROECONOMIC FACTORS AND FIRM PERFORMANCE IN THE UNITED KINGDOM

Journal of Smart Economic Growth

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Field Value
 
ISSN 2537-141X
 
Authentication Code dc
 
Title Statement MACROECONOMIC FACTORS AND FIRM PERFORMANCE IN THE UNITED KINGDOM
 
Added Entry - Uncontrolled Name Pacini, Kevin
Mayer, Peter
Attar, Stefan
Azam, Jean
Bank of England, London
Deutsche Bank Group, Berlin
Toulouse School of Economics, Toulouse
Paris School of Economics
 
Summary, etc. How firms perform during the business cycle and what macroeconomic factors have the greatest influence on industrial firm performance? The purpose of this study is to study the impact of chosen macroeconomic factors on firm performance in the United Kingdom. To investigate effects of macroeconomic factors, panel data with instrumental variables were used between the period of 2000 and 2014 for top 100 firms in UK. As a result of the analysis, gross domestic product, inflation rate, and the rate of domestic debt interest payments to total income tax have a direct positive impact on firm performance. On the other hand, exchange rate, interest rate and the rate of short term foreign debts to central bank international reserves have an inverse impact.
 
Publication, Distribution, Etc. Journal of Smart Economic Growth
 
Electronic Location and Access application/pdf
http://jseg.ro/ojs/index.php/jseg/article/view/41
 
Data Source Entry Journal of Smart Economic Growth; Vol 2, No 3 (2017): JSEG VOL. 2 NO. 3 YEAR 2017
 
Language Note eng
 
Terms Governing Use and Reproduction Note Copyright (c) 2018 Kevin Pacini