Der vorliegende Bericht zum Thünen-Monitoring von Preisen, Kosten und Margen in landwirtschaftlichen Wertschöpfungsketten diskutiert die methodischen und konzeptionellen Hintergründe des Monitorings und bietet Interpretationshilfen. Er ermöglicht eine informierte Nutzung des umfangreichen...

This paper examines the relationship between capital requirements, capital ratios and bank competitiveness - measured as profit efficiency. Using data envelopment analysis techniques, profit efficiency scores were estimated for a sample of listed significant institutions directly supervised by...

This paper extends the post-Keynesian model of the firm to an open-economy context to investigate the determinants of firms' target profit rates in developing and emerging economies (DEEs) and the ways in which these rates have been affected by the financialisation phenomenon. Our findings show...

This study examines the relationship between sustainability and the financial performance of European banks, focusing on their Return on Average Assets (ROAA) and Return on Average Equity (ROAE). Using panel regression analysis on data from 2018 to 2022, the findings reveal a negative...

Der vorliegende Bericht zum Thünen-Monitoring von Preisen, Kosten und Margen in landwirtschaftlichen Wertschöpfungsketten diskutiert die methodischen und konzeptionellen Hintergründe des Monitorings und bietet Interpretationshilfen. Er ermöglicht eine informierte Nutzung des umfangreichen...

A key element of the Basel III reforms are stricter capital requirements, which have been im- plemented with varying degrees of stringency across jurisdictions. We examine the impact of these requirements on bank profitability in the US and Europe between 2019 and 2024. We find no evidence that...

This paper examines the role of long-run and cyclical components of interest rate differentials in explaining the returns to currency carry strategies. We show that long-run differentials account for most of the profitability, while cyclical differentials play only a limited role. A simple...

This study examines the impact of mergers and acquisitions (M&As) on the financial performance of firms listed in Germany's DAX 40 index. Although M&As are a widely used strategic tool intended to create value through synergies and market expansion, existing research provides conflicting...

The comprehensive integration of modern technologies, such as artificial intelligence and big data, into the financial sector in recent years has profoundly transformed the operating model of the traditional financial industry. These technologies not only redefine the operating mechanisms of the...

This study investigates the relationship between capital intensity, debt financing, and profitability in non-financial firms in Oman over the period 2012-2022. Using a robust panel dataset of 76 firms, the research explores how capital structure dynamics influence firm performance across...

Motivated by the recent increase in bank mergers, this paper examines the performance of German cooperative banks that merged between 2014 and 2019. We are particularly interested in whether elevated merger rates are due to bank inefficiencies or to challenging policy measures such as...

Sustainability reporting, an imperative for European companies, is a multidimensional effort that results in performance measured by ESG metrics. The unintended consequence of this imperative has been the influence on companies' profitability. By using quantitative research methods, the...

This paper explores the dynamics of the public water supply and sewerage service in Romania, focusing on the relationships between different operational, commercial and financial variables and their impact on the operating profit rate. The aim of the paper is to analyze the interactions, both in...

This study investigates the nexus between leverage and financial performance in a sample of 54 Moroccan agricultural small- and medium-sized enterprises (SMEs) over the period of 2017-2022. Drawing on trade-off, pecking order, and agency theories, this analysis examines whether different levels...

This paper investigates how market expectations regarding profitability mean reversion are reflected in stock prices. We propose a model that infers implicit expectations of future earnings using publicly available share prices based on the assumption that markets efficiently incorporate...

The core financial intermediation function of banks, providing loans and taking deposits, is closely related to the level of interest rates. We construct a simplified balance sheet of a representative bank and assess how increases in interest rates may affect its profitability (through changes...

The banking sector in the Western Balkan countries has changed dramatically in recent years. A variety of factors have contributed to these changes, such as economic growth, increased competition, and the implementation of new regulations. As a result, the profitability of the banking sector...

This study examines young fast growing technology startup companies in Baltic region. Employing unique datasets of startups financial accounting data from Lithuania, Latvia and Estonia comparative and correlation analysis between growth, profitability and financial leverage indicators reflects...

Debt financing is important for financing major investments in the biopharmaceutical industry. Debt financing allows companies to raise funds without giving up ownership or control through indenture and covenants of the company. In this study, I analyze the effects of debt financing decisions on...

We provide new evidence on the effects of adopting a common European currency on banks' profitability in the Central and Eastern Europe (CEE) region. We construct a panel of 1033 bank-year observations across 11 countries between 2006 and 2020. Our results suggest that the effect of the eurozone...

This study investigates the non-linear effect of the cash conversion cycle (CCC) on a firm's profitability for a sample of 6072 firms from five countries (Germany, Spain, France, Great Britain, and Italy) from 2006 to 2015. Additionally, this study explores the sensitivity of economic crises to...

Over the past few decades, Italy's wine industry has shifted from producing low-value, local wines to a modern sector that meets both domestic and international demand. Despite these achievements, the sector faces challenges such as rising production costs, climate change, and a need for...

This study investigates the impact of financial technology (Fintech) on bank stability in the Middle East and North Africa (MENA). Utilizing panel data from 94 banks in 10 countries over a 13-year period from 2011 to 2023, this research employs panel GMM regression to examine the relationship...

The objective of this paper is to analyse profitability and risk through the return on equity (ROE) measure of the open economy insurance sector in a non-stable economic period with an economic shock chain, during the years 2018-2022, characterised by an overheating economy, the Covid pandemic,...

This study aims to analyze the determinants of bank profitability in Angola by employing panel data econometric models, specifically, the Generalized Method of Moments (GMM), to assess the impact of internal and external factors on the financial indicators ROE, ROA, and NIM for the period 2016...