Regression analysis of the impact of internal factors on return on assets: A case of meat processing enterprises in Serbia

Dakić, Stojanka; Mijić, Kristina

doi:10.5937/straman2001029d

Cited by 16 publications

(16 citation statements)

References 9 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Theorists agree with the statement that a good level of profitability is present when the ROA indicator is higher than 10% (Dakić & Mijić, 2020). Having in mind the above, the condition that theory finds as a reference value of profitability was not met.…”

Section: Resultsmentioning

confidence: 78%

Financial stability of enterprises in Serbian agriculture, fishing and forestry sector

Kušter¹

2021

Ekonomika poljoprivrede

View full text Add to dashboard Cite

The main aim of this research paper is to examine financial stability, including indebtedness, interest coverage, and profitability of enterprises in Serbian Agriculture, fishing, and forestry sector. The research was performed using the tools of accounting and financial analysis. Period from 2015 to 2019 was observed. Analysis was based on consolidated financial statements for all enterprises that belonged to the sector in mentioned period. Research results show that the enterprises managed to maintain acceptable level of long-term financial stability, while on the other hand, there was a more significant disturbance on the side of short-term financial stability. Solid performances were recorded in the field of interest coverage, but also indebtedness where those indicators met referent values in almost every observed year. In the field of profitability that was examined via ROA and ROE indicators, poor performance was recorded.

show abstract

Section: Resultsmentioning

confidence: 78%

Financial stability of enterprises in Serbian agriculture, fishing and forestry sector

Kušter¹

2021

Ekonomika poljoprivrede

View full text Add to dashboard Cite

show abstract

“…Although long-term sources of financing are particularly important because they reflect the capital structure and affect the long-term financing stability, due to the willingness of companies to use short-term financing to finance long-term projects, the use of indicators that include only long-term debt could provide a misleading picture of a firm's risk in relation to financial debt (Damodaran, 2007). Therefore, in a large number of empirical studies, measures involving total debts are used to express capital structure (Abor, 2007;Dakić & Mijić, 2020;Khan, 2012;Salim & Yadav, 2012;San & Heng, 2011).…”

Section: Methodsmentioning

confidence: 99%

“…In most of the company's performance measures (return on assets, return on equity and earnings per share), a negative relationship was found with all analysed indicators of capital structure, while in the case of Tobin's Q, a significantly positive relationship was identified between this indicator and short term debt as well as long term debt. A significant study on a sample of companies from the Republic of Serbia was conducted by Dakić & Mijić (2020). The authors found, among other things, that debt ratio, as a measure of the extent of a company's leverage, has a significant negative impact on return on assets.…”

Section: Theoretical Background and Review Of Previous Empirical Researchmentioning

confidence: 99%

Does capital structure affect the differences in the financial performance of small enterprises?

Stoiljković¹,

Tomić²,

Uzelac³

2021

Strategic Management

View full text Add to dashboard Cite

Capital structure refers to the combination of debt and equity that the company uses to finance overall operations and growth. One of the most common problems of small enterprises is difficult access to various sources of financing, which is certainly reflected in their capital structure. Deciding on capital structure is one of the most important activities in the company, given that it significantly determines the performance of the company, but also the competitiveness and sustainability of the business. The aim of the study was to investigate whether there is a significant difference in financial performance between enterprises belonging to different leverage levels. Financial leverage was calculated by dividing total debts to total assets and based on leverage the companies are divided into 3 groups. Using ANOVA analysis, we found that the only difference in financial performance indicators was observed with NPM (but with a small effect size: eta square = 0.0470), whereas no statistically significant difference was observed between the groups in the ROE and ROA indicators.

show abstract

“…Manufacturing sector is one of the largest waste generators. In addition to environmental issues, such as waste, economic issues must be taken into account in this sector, such as quick ratio and sales growth which have significant positive impact on profitability of manufacturing companies (Dakić & Mijić, 2020).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

The effect of solid waste management investments in the Republic of Serbia

Pavlović¹,

Ivanišević²,

Katić³

et al. 2021

Anali Ekon fak Subotica

View full text Add to dashboard Cite

The problem of establishing an effective solid waste management system is complex and still unresolved in Serbian municipalities, cities and settlements. Most landfills in Serbia do not meet basic sanitary standards and can often contain waste that is dangerous to human, plant and animal health, and waste that can be recycled is often dumped. The aim of this paper is to investigate the relationship between waste generation and private investments in waste management. Statistical method of multiple linear regression was used to examine the impact of three predictors - economic development, investments in waste management, and urban population, on the dependent variable - municipal solid waste generation. The results of the research reveal that investments in waste management in Serbia do not have an effect on the waste reduction because the financial resources for such investments are not adequately managed. There is a large number of scientific researches that have dealt with the analysis of the mentioned relationship, however, their number on the example of Serbia is rather scarce. The results of the research could be useful to the state administrations of the Republic of Serbia.

show abstract

Regression analysis of the impact of internal factors on return on assets: A case of meat processing enterprises in Serbia

Cited by 16 publications

References 9 publications

Financial stability of enterprises in Serbian agriculture, fishing and forestry sector

Financial stability of enterprises in Serbian agriculture, fishing and forestry sector

Does capital structure affect the differences in the financial performance of small enterprises?

The effect of solid waste management investments in the Republic of Serbia

Contact Info

Product

Resources

About