International Scientific Publications
© 2020 Science Events Ltd
Terms of Use  ·  Privacy Policy
Choose language English French Russian Bulgarian
Conference room
Economy & Business 2021, 20th International Conference
22-25 August, Burgas, Bulgaria
Call for Papers

Economy & Business, Volume 10, 2016

CORPORATE AND SECTOR INFLUENCES ON FIRM PERFORMANCE: EVIDENCE FROM POLAND
Zbigniew Matyjas
Pages: 115-122
Published: 28 Aug 2016
Views: 1,213
Downloads: 512
Abstract: The study examines the impact of firm- and industry-level variables on performance of Polish listed companies. The study is based on the data of companies (all but financial and commercial ones) listed on the Warsaw Stock Exchange in the period of 2007-2012. Each of the companies has also been classified into a specific industry according to the Polish PKD classification (similar to NACE Rev.2). The study employed panel data analysis with fixed effects. The results indicate that the firm-level effects have a slightly stronger impact on companies' performance than industry-level effects, though the differences largely depend on the model applied to research. In the 1st panel (dependent variable ROA) the results indicate around three times higher impact of firm- in comparison to industry-level effects. In the 2nd panel (dependent variable ROS) the difference between these two types of variables is approximately 15%.
Keywords: industry-level effects, company-level effects, panel data analysis
Cite this article: Zbigniew Matyjas. CORPORATE AND SECTOR INFLUENCES ON FIRM PERFORMANCE: EVIDENCE FROM POLAND. Journal of International Scientific Publications: Economy & Business 10, 115-122 (2016). https://www.scientific-publications.net/en/article/1001225/
Download full text

Back to the contents of the volume
By using this site you agree to our Privacy Policy and Terms of Use. We use cookies, including for analytics, personalisation, and ads.