Profitability in the car industry: New measures for estimating targets and target directions

In this paper we study the profitability of car manufacturers in relation to industry-wide profitability targets such as industry averages. Specifically we are interested in whether firms adjust their profitability in the direction of these targets, whether it is possible to detect any such change, and, if so, what the precise nature is of these changes.

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Year of publication:	2013
Authors:	van der Heijden, Hans ; Garn, Wolfgang
Published in:	European Journal of Operational Research. - Elsevier, ISSN 0377-2217. - Vol. 225.2013, 3, p. 420-428
Publisher:	Elsevier
Subject:	Forecasting \| DuPont ratios \| Multivariate statistics \| Kernel density estimation \| Directional statistics \| Profitability targets

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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