A PANEL ANALYSIS OF PROFITABILITY IN THE FRUIT AND VEGETABLE PROCESSING INDUSTRY IN SERBIA
The aim of this paper is to identify the factors that influence the proftability of selected companies within the fruit processing industry in Serbia. Proftability was measured through the accounting indicator of the rate of return on assets (ROA). Proftability of fruit and vegetable processing com...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2018-01-01
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| Series: | Ekonomika Poljoprivrede (1979) |
| Subjects: | |
| Online Access: | https://www.ea.bg.ac.rs/index.php/EA/article/view/24 |
| _version_ | 1827945844258635776 |
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| author | Stojanka Dakić Kristina Mijić |
| author_facet | Stojanka Dakić Kristina Mijić |
| author_sort | Stojanka Dakić |
| collection | DOAJ |
| description |
The aim of this paper is to identify the factors that influence the proftability of selected companies within the fruit processing industry in Serbia. Proftability was measured through the accounting indicator of the rate of return on assets (ROA). Proftability of fruit and vegetable processing companies is positive but at relatively low level. In the capacity of independent variables were used the size of the enterprise, debt ratio, quick ratio, inventory, sales growth and capital turnover ratio. The analysis covers the period from 2007 to 2015 (9 years) and includes 198 observation of the companies from the fruit and vegetable processing industry in Serbia. Panel regression model was built. The results of the conducted panel analysis showed that the sales growth and capital turnover ratio showed a statistically signifcant impact on proftability as a measure of the success of companies in the feld of fruit and vegetable processing industry. The size of the company showed a statistically signifcant impact on the proftability at a level of signifcance of 10%.
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| first_indexed | 2024-03-13T10:49:20Z |
| format | Article |
| id | doaj.art-7c5b0773db5a4adba564dc9afa4199d2 |
| institution | Directory Open Access Journal |
| issn | 0352-3462 2334-8453 |
| language | English |
| last_indexed | 2024-03-13T10:49:20Z |
| publishDate | 2018-01-01 |
| publisher | Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
| record_format | Article |
| series | Ekonomika Poljoprivrede (1979) |
| spelling | doaj.art-7c5b0773db5a4adba564dc9afa4199d22023-05-17T16:57:39ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532018-01-0165110.5937/ekoPolj1801307DA PANEL ANALYSIS OF PROFITABILITY IN THE FRUIT AND VEGETABLE PROCESSING INDUSTRY IN SERBIAStojanka Dakić0Kristina Mijić1University of Novi Sad, Faculty of Economics SuboticaUniversity of Novi Sad, Faculty of Economics Subotica The aim of this paper is to identify the factors that influence the proftability of selected companies within the fruit processing industry in Serbia. Proftability was measured through the accounting indicator of the rate of return on assets (ROA). Proftability of fruit and vegetable processing companies is positive but at relatively low level. In the capacity of independent variables were used the size of the enterprise, debt ratio, quick ratio, inventory, sales growth and capital turnover ratio. The analysis covers the period from 2007 to 2015 (9 years) and includes 198 observation of the companies from the fruit and vegetable processing industry in Serbia. Panel regression model was built. The results of the conducted panel analysis showed that the sales growth and capital turnover ratio showed a statistically signifcant impact on proftability as a measure of the success of companies in the feld of fruit and vegetable processing industry. The size of the company showed a statistically signifcant impact on the proftability at a level of signifcance of 10%. https://www.ea.bg.ac.rs/index.php/EA/article/view/24panel analysis, proftability, ROA, fruit and vegetable processing companies. |
| spellingShingle | Stojanka Dakić Kristina Mijić A PANEL ANALYSIS OF PROFITABILITY IN THE FRUIT AND VEGETABLE PROCESSING INDUSTRY IN SERBIA Ekonomika Poljoprivrede (1979) panel analysis, proftability, ROA, fruit and vegetable processing companies. |
| title | A PANEL ANALYSIS OF PROFITABILITY IN THE FRUIT AND VEGETABLE PROCESSING INDUSTRY IN SERBIA |
| title_full | A PANEL ANALYSIS OF PROFITABILITY IN THE FRUIT AND VEGETABLE PROCESSING INDUSTRY IN SERBIA |
| title_fullStr | A PANEL ANALYSIS OF PROFITABILITY IN THE FRUIT AND VEGETABLE PROCESSING INDUSTRY IN SERBIA |
| title_full_unstemmed | A PANEL ANALYSIS OF PROFITABILITY IN THE FRUIT AND VEGETABLE PROCESSING INDUSTRY IN SERBIA |
| title_short | A PANEL ANALYSIS OF PROFITABILITY IN THE FRUIT AND VEGETABLE PROCESSING INDUSTRY IN SERBIA |
| title_sort | panel analysis of profitability in the fruit and vegetable processing industry in serbia |
| topic | panel analysis, proftability, ROA, fruit and vegetable processing companies. |
| url | https://www.ea.bg.ac.rs/index.php/EA/article/view/24 |
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