Firm profitability: Mean-reverting or random-walk behavior?

G Canarella, SM Miller, MM Nourayi - Journal of Economics and Business, 2013 - Elsevier
We analyze the stochastic properties of three measures of profitability, return on assets
(ROA), return on equity (ROE), and return on investment (ROI), using a balanced panel of …

Entry regulation and persistence of profits in incumbent firms

S Desai, JE Eklund, E Lappi - Review of Industrial Organization, 2020 - Springer
In line with the theory of creative destruction, industries where incumbent firms generate
high profits will attract entry, which should drive down profits. This disciplinary effect of entry …

Latent trajectories of competitive heterogeneity: Bridging the gap in theories between persistent performance and value creation

FM Liou, YH Tsai - 交大管理學報, 2016 - ir.lib.nycu.edu.tw
The paper aims to connect the theories of persistent performance and value creation for
identifying long-term superior performers. The performance trajectories of firms are …

[BOOK][B] Strategieorientierte Restwertbestimmung in der Unternehmensbewertung

F Kreyer - 2009 - Springer
Die vorliegende Arbeit entstand im Rahmen meiner Tätigkeit als externer Doktorand am
Lehrstuhl für Finanzierung und Investition an der ESCP-EAP Europäische …

Testing for profit persistence of listed manufacturing companies in Istanbul stock exchange

F Zeren, E Öztürk - … for Economic Theory and Practice and …, 2015 - ageconsearch.umn.edu
In this paper, using the return on assets (ROA) and return on equity (ROE) ratios of the
manufacturing companies listed on ISE (Istanbul Stock Exchange), it has been analysed …

Profit persistence in globalizing forest industry companies

S Laaksonen-Craig, A Toppinen - International Forestry Review, 2008 - ingentaconnect.com
This study analyzes profit persistence and scale economies of globalizing forest industry
using panel data from 49 companies in the US, Canada, Europe and the group of emerging …

[PDF][PDF] Small firms performance and ownership structure

M Dilling-Hansen - School of economics and management, University of …, 2005 - Citeseer
The relation between corporate governance and firm performance is generally focused on
the relation between ownership structure and performance. Alignment of incentives …

Competitive environment hypothesis in Turkish banking system

A Aslan, K Koksal, O Ocal - International Journal of Economics and …, 2011 - dergipark.org.tr
This paper investigates the persistence of profit in Turkish banking system for the period of
2004: 1–2009: 4 by focusing net income after tax to total equity (ROE) as profit measures by …

Durağanlık Analizi Yöntemiyle Şirket Kârlarının Sürdürülebilirlik Durumunun İncelenmesi: BIST Uygulaması

E Öztürk - 2014 - search.proquest.com
DURAĞANLIK ANALİZİ YÖNTEMİYLE ŞİRKET KÂRLARININ SÜRDÜRÜLEBİLİRLİK
DURUMUNUN İNCELENMESİ: BIST UYGULAMASI Page 1 TC SAKARYA ÜNİVERSİTESİ …

Take no for an answer? unpacking persistence and examining its impact on salesperson performance

NN Chaker - 2016 - trace.tennessee.edu
Common wisdom suggests that persistence is a critical determinant of sales performance
and, consequently, salespeople are often advised “don't take no for an answer.” While the …