Size and sector effects on the profitability, indebtedness and debt cost of La Rioja family firms
Based on the data taken from the financial reports of a sample of 721 family businesses in the Autonomous Community of La Rioja, the authors analyze the impact of the size of the enterprise and the industry where it operates, as well as the size-industry ratio, on profitability, indebtedness and deb...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidad del País Vasco (UPV/EHU)
2004-06-01
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| Series: | Management Letters/Cuadernos de Gestión |
| Subjects: | |
| Online Access: | http://www.ehu.es/cuadernosdegestion/revista/index.php/en/published-issues?y=2004&v=4&n=1&o=2 |
| _version_ | 1819153153784807424 |
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| author | JUAN CARLOS AYALA CALVO ERNESTO NAVARRETE MARTÍNEZ |
| author_facet | JUAN CARLOS AYALA CALVO ERNESTO NAVARRETE MARTÍNEZ |
| author_sort | JUAN CARLOS AYALA CALVO |
| collection | DOAJ |
| description | Based on the data taken from the financial reports of a sample of 721 family businesses in the Autonomous Community of La Rioja, the authors analyze the impact of the size of the enterprise and the industry where it operates, as well as the size-industry ratio, on profitability, indebtedness and debt cost levels for the period 1996-2000. Using a variance analysis, they conclude that the factors main industry and size-industry ratio do not have any impact on dependent variables. Moreover, they prove that the size of the enterprise and its sustained profitability are indirectly linked and that size and debt cost levels are also related. |
| first_indexed | 2024-12-22T15:00:40Z |
| format | Article |
| id | doaj.art-c82eb363c7da46a9ab757761c1362b89 |
| institution | Directory Open Access Journal |
| issn | 1131-6837 1988-2157 |
| language | English |
| last_indexed | 2024-12-22T15:00:40Z |
| publishDate | 2004-06-01 |
| publisher | Universidad del País Vasco (UPV/EHU) |
| record_format | Article |
| series | Management Letters/Cuadernos de Gestión |
| spelling | doaj.art-c82eb363c7da46a9ab757761c1362b892022-12-21T18:22:08ZengUniversidad del País Vasco (UPV/EHU)Management Letters/Cuadernos de Gestión1131-68371988-21572004-06-01413553Size and sector effects on the profitability, indebtedness and debt cost of La Rioja family firmsJUAN CARLOS AYALA CALVOERNESTO NAVARRETE MARTÍNEZBased on the data taken from the financial reports of a sample of 721 family businesses in the Autonomous Community of La Rioja, the authors analyze the impact of the size of the enterprise and the industry where it operates, as well as the size-industry ratio, on profitability, indebtedness and debt cost levels for the period 1996-2000. Using a variance analysis, they conclude that the factors main industry and size-industry ratio do not have any impact on dependent variables. Moreover, they prove that the size of the enterprise and its sustained profitability are indirectly linked and that size and debt cost levels are also related.http://www.ehu.es/cuadernosdegestion/revista/index.php/en/published-issues?y=2004&v=4&n=1&o=2Family businessindustrysizefinancial structure |
| spellingShingle | JUAN CARLOS AYALA CALVO ERNESTO NAVARRETE MARTÍNEZ Size and sector effects on the profitability, indebtedness and debt cost of La Rioja family firms Management Letters/Cuadernos de Gestión Family business industry size financial structure |
| title | Size and sector effects on the profitability, indebtedness and debt cost of La Rioja family firms |
| title_full | Size and sector effects on the profitability, indebtedness and debt cost of La Rioja family firms |
| title_fullStr | Size and sector effects on the profitability, indebtedness and debt cost of La Rioja family firms |
| title_full_unstemmed | Size and sector effects on the profitability, indebtedness and debt cost of La Rioja family firms |
| title_short | Size and sector effects on the profitability, indebtedness and debt cost of La Rioja family firms |
| title_sort | size and sector effects on the profitability indebtedness and debt cost of la rioja family firms |
| topic | Family business industry size financial structure |
| url | http://www.ehu.es/cuadernosdegestion/revista/index.php/en/published-issues?y=2004&v=4&n=1&o=2 |
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