Determinants of Profitability of Food Enterprises From the Territory of the Republic of Serbia
Stevan Tomašević,
Mirela Momčilović,
Nada Milenković
et al.
Abstract:This paper aims to identify, evaluate, and analyze determinants of the profitability of food enterprises from the Republic of Serbia. The paper determines the nature of the relationship between defined determinants and profitability by applying a panel regression model on a sample of 189 small, medium, and large food enterprises from Serbia in the period from 2011 to 2021. The analysis results showed that the profitability of food enterprises is positively influenced by liquidity and sales growth rate. On the … Show more
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