Abstract : Return on Capital
نویسنده
چکیده
This paper considers the level of Return on Capital of fishing vessels in Denmark, France, the United Kingdom and the Netherlands and an analysation of factors that influence this Return on Capital. Samples of costs and earnings of fishing vessels in these four countries have been the basis for this profitability indicator. Developments of the ROC are shown for the period 1991-1996. An analysation of the impact of other factors, such as prices and innovative techniques, on the economic performances and the profitability of the vessels is given. This paper includes outcomes of inquiries among vessel owners, bankers and accountants to assess the perception in the industry with respect to the economic performance of fishing vessels.
منابع مشابه
An Analysis the Effect of Capital Taxation on Allocation of Resources: A Dynamic Equilibrium Model Approach
Abstract T he return of capital is fundamental to the intertemporal allocation of resources by changing the consumption behavior and capital accumulation over time. Taxation on return of capital increases the marginal product of capital, meaning that capital stock is lower than when capital is not taxed, which results decreased growth and welfare in steady state. This pape...
متن کاملAnalysis the Effect of Optimal Tax on Return of Housing Capital in the Dynamic Optimization Model: Case Study of Iranian Economy
Speculative demand in the land and housing market has a fundamental role in raising the price of land and housing and causing a diversion and invasion of the housing sector with the aim of profit. The government, by imposing a tax on rent of land and housing return, seeks to control speculation, allocate the land resources and urban housing and make money to build the urban infrastructure. In t...
متن کاملMoney with Idiosyncratic Uninsurable Returns to Capital
helpful discussions and to three anonymous referees for helpful comments. Also, I am indebted to the assistance of Sonia Laszlo. RUNNING TITLE: Money with Idiosyncratic Returns. 2 ABSTRACT This paper extends the income fluctuations problem to an economy with endogenous growth. Individuals, instead of owning an stream of endowments, accumulate capital with an investment irreversibility constrain...
متن کاملThe Relationship between Earning Management and Capital Structure
This paper analyzes the relationship between capital structure and earning management. For analysing we used 119 non-financial companies that listed in Tehran Stock Exchange from 2000 to 2008. The researchers will focus on comparing the Jones Model and the Modified Jones Model, which are the two most frequently used model in empirical analysis nowadays. Earnings management is a kind of manageme...
متن کاملApplicability of Capital Assets Pricing Model (CAPM) on Pakistan Stock Markets
Capital Assets Pricing Model is used as a tool for the estimation of Investments in Capital Markets with the relation of Expected return and Risk on Securities. This study examines the applicability of CAPM on Pakistan Stock Markets and Karachi Stock Exchange being the main capital market of Pakistan is taken for the study. The analysis is done by taking a sample of 10 performing companies of 1...
متن کامل