The Impact of Uncertainty on Textile Companies Profitability in the EU 27

• Autorzy: Radulescu Magdalena , Ova Alper

Identyfikatory

DOI

10.2478/ftee-2023-0054

• Języki publikacji: EN

Abstrakty

EN

Recent studies reveal that uncertainty is a problem for the profitability of companies in various sectors. The purpose of this study was to investigate the impact of uncertainty on the profitability of textile companies in the EU 27. A number of models were performed using the random effects estimator. The results indicate that the uncertainty variable WUI negatively and significantly affects the profitability of the textile industry in all models. In addition, the results show that while equity to total assets and cash flow to operating revenue have a positive effect, capital intensity and operating in Eastern Europe have a negative effect on profitability. Also, size, current ratio, operating revenue to stocks and inflation do not seem to have a significant impact on profitability.

Słowa kluczowe

EN

ROA; return on assets; textile company; EU 27; random effect; estimator

• Wydawca: Sieć Badawcza Łukasiewicz - Łódzki Instytut Technologiczny
• Czasopismo: Fibres & Textiles in Eastern Europe
• Rocznik: 2023
• Tom: Vol. 31, no. 6
• Strony: 51--55
• Opis fizyczny: Bibliogr. 23 poz., tab.

Twórcy

autor

Radulescu Magdalena

• National University of Science and Technology Politehnica Bucharest, Pitesti University Center, Pitesti, Romania
• Institute of Doctoral and Post-Doctoral Studies, University Lucian Blaga of Sibiu, Sibiu, Romania
• UNEC Research Methods Application Center, Azerbaijan State University of Economics (UNEC), Istiqlaliyyat Str. 6, Baku 1001, Azerbaijan

autor

Ova Alper

• International Trade and Business (English) Department, Faculty of Economics and Administrative Sciences, Doğuş University, Turkey

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