Titolo Rivista Economia agro-alimentare
Autori/Curatori Silvia Andrés González-Moralejo, Mildrey García Cortés, Juan Francisco López Miquel
Anno di pubblicazione 2021 Fascicolo 2021/1 Lingua Inglese
Numero pagine 24 P. 1-24 Dimensione file 0 KB
DOI 10.3280/ecag1-2021oa11547
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più
clicca qui
FrancoAngeli è membro della Publishers International Linking Association, Inc (PILA)associazione indipendente e non profit per facilitare (attraverso i servizi tecnologici implementati da CrossRef.org) l’accesso degli studiosi ai contenuti digitali nelle pubblicazioni professionali e scientifiche
The main aim of this study was to determine the factors that influenced profitability of companies involved in the Valencia food industry between 2006 and 2015. For this, macroeconomic, sector and company variables were the key elements used in the statistical analysis, together with their dependenceon the economic cycle in indicating the present state of the sector in the Valencian Region. The panel data was obtained from the sabi data base and combined with transverse data and time series. Economic and financial profitability are both influenced by certain common factors, especially the sales margin. The higher the margin the higher the profit, although this relationship also depends on where the business company is located. Rotation of assets also contributes to raising profits in times of economic expansion. The Economic Crisis saw profits fall in 2009 and 2012, two of its worst years. Finally, differences were also found between large and small enterprises.
The main aim of this study was to determine the factors that influenced profitability of companies involved in the Valencia food industry between 2006 and 2015. For this, macroeconomic, sector and company variables were the key elements used in the statistical analysis, together with their dependenceon the economic cycle in indicating the present state of the sector in the Valencian Region. The panel data was obtained from the sabi data base and combined with transverse data and time series. Economic and financial profitability are both influenced by certain common factors, especially the sales margin. The higher the margin the higher the profit, although this relationship also depends on where the business company is located. Rotation of assets also contributes to raising profits in times of economic expansion. The Economic Crisis saw profits fall in 2009 and 2012, two of its worst years. Finally, differences were also found between large and small enterprises.
Keywords:Food industry, Sales margin, Assests rotation, Firm size, Economic crisis
Silvia Andrés González-Moralejo, Mildrey García Cortés, Juan Francisco López Miquel, Are small and medium-size food industry firms profitable? Explaining differences in their performance: The case of the Valencia Region in "Economia agro-alimentare" 1/2021, pp 1-24, DOI: 10.3280/ecag1-2021oa11547