← Back to results Impact of the Sector and of Internal Factors on Profitability of the Companies Listed on the Warsaw Stock Exchange Ewa Majerowska & Magdalena Gostkowska-Drzewicka
What the paper says The aim of the article is to assess the impact of the sector environment and of selected internal factors on the profitability level of the companies listed on the Warsaw Stock Exchange in 1998-2016. An increase in the financial leverage, financial liquidity, non-debt tax shield and enterprise size cause a drop in the ROA. An increase in the ratio of fixed assets to the total assets results in an increase in the ROA. Similar results were obtained for the models estimated for the ROE. It means, that profitability of the examined companies results from the decisions made by the managers and from the impact of the sector environment.
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@article{ewa2018,
title = {{Impact of the Sector and of Internal Factors on Profitability of the Companies Listed on the Warsaw Stock Exchange}},
author = {Ewa Majerowska & Magdalena Gostkowska-Drzewicka},
journal = {Dynamic Econometric Models},
year = {2018},
doi = {https://doi.org/https://doi.org/10.12775/dem.2018.007},
} TY - JOUR
TI - Impact of the Sector and of Internal Factors on Profitability of the Companies Listed on the Warsaw Stock Exchange
AU - Majerowska, Ewa
AU - Gostkowska-Drzewicka, Magdalena
JO - Dynamic Econometric Models
PY - 2018
ER - Ewa Majerowska & Magdalena Gostkowska-Drzewicka (2018). Impact of the Sector and of Internal Factors on Profitability of the Companies Listed on the Warsaw Stock Exchange. *Dynamic Econometric Models*. https://doi.org/https://doi.org/10.12775/dem.2018.007 Ewa Majerowska & Magdalena Gostkowska-Drzewicka. "Impact of the Sector and of Internal Factors on Profitability of the Companies Listed on the Warsaw Stock Exchange." *Dynamic Econometric Models* (2018). https://doi.org/https://doi.org/10.12775/dem.2018.007. Impact of the Sector and of Internal Factors on Profitability of the Companies Listed on the Warsaw Stock Exchange
Ewa Majerowska & Magdalena Gostkowska-Drzewicka · Dynamic Econometric Models · 2018
https://doi.org/https://doi.org/10.12775/dem.2018.007 Copy
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Flag this paper Evidence weight Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
F · citation impact 0.16 × 0.4 = 0.06 M · momentum 0.80 × 0.15 = 0.12 V · venue signal 0.50 × 0.05 = 0.03 R · text relevance † 0.50 × 0.4 = 0.20
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