The Profitability Analysis of the Best Companies Listed on the North Macedonian Stock Exchange (MBI10) during the Pandemic Crisis Covid-19
The objective of this study is to analyse the profitability of the 10 best companies listed on the stock exchange of North Macedonia in the period 2015-2020.The research methodology is based on quantitative methods. This study analyzes secondary data for 10 companies for period 2019-2015 and data of...
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| Format: | Article |
| Language: | English |
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Dunarea de Jos University of Galati
2022-04-01
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| Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| Subjects: | |
| Online Access: | http://www.eia.feaa.ugal.ro/images/eia/2022_1/Rufi_Egzon.pdf |
| _version_ | 1811223042827747328 |
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| author | Osmani RUFI Kamberi EGZON |
| author_facet | Osmani RUFI Kamberi EGZON |
| author_sort | Osmani RUFI |
| collection | DOAJ |
| description | The objective of this study is to analyse the profitability of the 10 best companies listed on the stock exchange of North Macedonia in the period 2015-2020.The research methodology is based on quantitative methods. This study analyzes secondary data for 10 companies for period 2019-2015 and data of 2020 year as pandemic Covid-19 year of the same companies. The findings of the research argue that the Covid-19 Pandemic had a negative impact on the performance of the analyzed companies that make up MBI10 on the stock exchange in the case of North Macedonia. The negative impact has been higher for real sector of companies compared to banking sector of companies. In 2020, the analyzed companies have identified lower positive activity and profitability rates. Compared to the previous period (2019-2015), the analyzed companies have realized a decrease in ROA by -9.4% and a decrease in ROE by -8.6%. The market value of companies' shares in 2020 in relation to the book value has increased by 56%, which is a special paradox and requires additional analysis in perspective. |
| first_indexed | 2024-04-12T08:26:14Z |
| format | Article |
| id | doaj.art-2e3850731ca94b02850e167f4182f439 |
| institution | Directory Open Access Journal |
| issn | 1584-0409 |
| language | English |
| last_indexed | 2024-04-12T08:26:14Z |
| publishDate | 2022-04-01 |
| publisher | Dunarea de Jos University of Galati |
| record_format | Article |
| series | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| spelling | doaj.art-2e3850731ca94b02850e167f4182f4392022-12-22T03:40:22ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04092022-04-01281354210.35219/eai15840409242The Profitability Analysis of the Best Companies Listed on the North Macedonian Stock Exchange (MBI10) during the Pandemic Crisis Covid-19Osmani RUFI0Kamberi EGZON1South East European University, Tetovo, North MacedoniaSouth East European University, Tetovo, North MacedoniaThe objective of this study is to analyse the profitability of the 10 best companies listed on the stock exchange of North Macedonia in the period 2015-2020.The research methodology is based on quantitative methods. This study analyzes secondary data for 10 companies for period 2019-2015 and data of 2020 year as pandemic Covid-19 year of the same companies. The findings of the research argue that the Covid-19 Pandemic had a negative impact on the performance of the analyzed companies that make up MBI10 on the stock exchange in the case of North Macedonia. The negative impact has been higher for real sector of companies compared to banking sector of companies. In 2020, the analyzed companies have identified lower positive activity and profitability rates. Compared to the previous period (2019-2015), the analyzed companies have realized a decrease in ROA by -9.4% and a decrease in ROE by -8.6%. The market value of companies' shares in 2020 in relation to the book value has increased by 56%, which is a special paradox and requires additional analysis in perspective.http://www.eia.feaa.ugal.ro/images/eia/2022_1/Rufi_Egzon.pdfcovid-19 pandemicprofitability of companiesnorth macedonia stock exchangemarket value and book value of shares |
| spellingShingle | Osmani RUFI Kamberi EGZON The Profitability Analysis of the Best Companies Listed on the North Macedonian Stock Exchange (MBI10) during the Pandemic Crisis Covid-19 Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics covid-19 pandemic profitability of companies north macedonia stock exchange market value and book value of shares |
| title | The Profitability Analysis of the Best Companies Listed on the North Macedonian Stock Exchange (MBI10) during the Pandemic Crisis Covid-19 |
| title_full | The Profitability Analysis of the Best Companies Listed on the North Macedonian Stock Exchange (MBI10) during the Pandemic Crisis Covid-19 |
| title_fullStr | The Profitability Analysis of the Best Companies Listed on the North Macedonian Stock Exchange (MBI10) during the Pandemic Crisis Covid-19 |
| title_full_unstemmed | The Profitability Analysis of the Best Companies Listed on the North Macedonian Stock Exchange (MBI10) during the Pandemic Crisis Covid-19 |
| title_short | The Profitability Analysis of the Best Companies Listed on the North Macedonian Stock Exchange (MBI10) during the Pandemic Crisis Covid-19 |
| title_sort | profitability analysis of the best companies listed on the north macedonian stock exchange mbi10 during the pandemic crisis covid 19 |
| topic | covid-19 pandemic profitability of companies north macedonia stock exchange market value and book value of shares |
| url | http://www.eia.feaa.ugal.ro/images/eia/2022_1/Rufi_Egzon.pdf |
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