Determinants of Corporate Performance: Modelling Approach
Dynamic Econometric Models
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Title |
Determinants of Corporate Performance: Modelling Approach
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Creator |
Majerowska, Ewa; University of Gdańsk
Gostkowska-Drzewicka, Magdalena; University of Gdańsk |
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Subject |
capital structure; efficiency; panel data modelling; ROA; ROE
G32 |
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Description |
This study is to investigate the influence of the selected factors of the capital structure on the corporate performance. An empirical analysis covers a sample of 90 non-financial companies traded on the Warsaw Stock Exchange, in the period of 2000-2015. The panel data models for two corporate performance measures such ROA and ROE were estimated. The company’s capital structure negatively affects its performance. It is in line with pecking order theory and previous studies on capital structure of Polish companies.
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Publisher |
Nicolaus Copernicus University
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Contributor |
Magdalena Gotkowska-Drzewicka, University of Gdansk
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Date |
2017-12-29
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://apcz.umk.pl/czasopisma/index.php/DEM/article/view/DEM.2017.007
10.12775/DEM.2017.007 |
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Source |
Dynamic Econometric Models; Vol 17 (2017); 115-127
Dynamic Econometric Models; Vol 17 (2017); 115-127 2450-7067 1234-3862 |
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Language |
eng
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Relation |
http://apcz.umk.pl/czasopisma/index.php/DEM/article/view/DEM.2017.007/13876
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Rights |
Copyright (c) 2018 Dynamic Econometric Models
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