Financial Profitability of Demerged Companies
Keywords:financial indicators, profitability, cross-section fixed effects, panel data models
AbstractThe paper presents a complete analysis of the evolution of the profitability of some Romanian companies that decided to demerge in 2013. The sample of companies was analyzed with statistical and econometric methods of panel data, in the sub-periods before and after demerger: 2005-2013 and 2014-2019. The main objective of research was to find out if the organizational management strategy was beneficial for obtaining better economic and financial performance. The research results were extended to the population to characterize the financial situation of all Romanian companies in the same situation as those in the sample.
Copyright (c) 2021 Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences
This work is licensed under a Creative Commons Attribution 4.0 International License.