The Casual Relationship Between Debt and Profitability: The Case of Italy
This paper examines the impact of debt on corporate profitability using a longitudinal sample of 7,370 Italian SMEs operating in the commerce sector during 2006-2010. Being based on the simple moving-average analysis of the profitability ratios, as a result of debt changes, econometric evidence supp...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Athens Institute for Education and Research
2016-01-01
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Series: | Athens Journal of Business & Economics |
Subjects: | |
Online Access: | https://www.athensjournals.gr/business/2016-2-1-2-Muscettola.pdf |