Corporate Performance : A Ratio-Based Approach to Country and Industry Analyses

Online-Ressource (XX, 194 p. 32 illus, digital)

Includes bibliographical references

Introduction; Contents; List of Tables; List of Figures; List of Appendices; Chapter 1: Corporate Performance Interpretation and Measuring Problems; 1.1 Interpretation of Corporate Performance on the Grounds of the Industrial Organisation Theory; 1.2 Corporate Performance Versus Corporate Finance Theory; 1.3 Classification of Corporate Performance Determinants; 1.4 The Nature and Genesis of Financial Ratios as Characteristics of Corporate Performance; 1.5 Selected Classification Systems of Financial Ratios; 1.6 Limitations of Financial Ratios

Chapter 2: Country and Industry Factors as Determinants of Corporate Performance: Research Methodology2.1 Review of Previous Research on Corporate Performance Diversity; 2.2 Relative Importance of Country and Industry Effects in Stock Returns in Light of Previous Research; 2.2.1 Country Effect as the Main Source of Stock Returns Volatility; 2.2.2 The Importance of Industry Factors for Market Rates of Return; 2.2.3 Impact of Integration on the Relative Importance of Country and Industry Factors; 2.2.4 Financial Ratios Versus Market Returns; 2.2.5 Summary of Studies Review

2.3 Empirical Research of the Impact of Country and Industry Factors on Corporate Performance: Aims and Data Description2.4 Methodology of Corporate Performance Diversity Analysis; Chapter 3: Analysis of the Corporate Performance Diversity in the Selected European Union Countries; 3.1 Initial Analysis of the Financial Ratios in Industries and Countries; 3.2 Cross-Industry Analysis of Ratios Variance; 3.3 Cross-Country Analysis of Ratios Variance; 3.4 Analysis of Ratios Variance in Time; 3.5 Industry and Country Effect Through Two-Way Analysis of Ratios Variance

Chapter 4: Cross-Industry and Cross-Country Comparative Cluster Analysis4.1 Cluster Analysis of Industries; 4.2 Comparative Cluster Analysis of Industries Across Countries; 4.3 Cluster Analysis of Countries; 4.4 Comparative Cluster Analysis of Countries Across Industries; 4.5 Relative Importance of Country and Industry Effect in the Light of Cluster Analysis; Chapter 5: Factors Affecting Corporate Performance in Countries and Industries; 5.1 Factors Influencing Corporate Performance in Countries and Industries; 5.2 Factors Influencing Corporate Performance in Countries

5.3 Factors Influencing Corporate Performance in Industries5.4 Two-Dimensional Map of Countries and Industries; Ending; References; Appendices; Appendix 1. Normalisation Procedure of Variables; Appendix 2. Correlation Matrix of Diagnostic Variables; Appendix 3. Silhouette Index Algorithm; Appendix 4. The Method of Calculating the Adjusted Rand´s Measure (RAD); Appendix 5. Descriptive Statistics of Industry Ratios: Means for All Countries from the Period 1999 to 2005; Appendix 6. Descriptive Statistics of Industry Ratios: Standard Deviations for All Countries from the Period 1999 to 2005

Appendix 7. Descriptive Statistics of Country Ratios: Means for All Industries from the Period 1999 to 2005

10.1007/978-3-319-00345-0 [DOI]

ECONIS - Online Catalogue of the ZBW