abstract this study aims at profitability prediction of listed companies in tehran stocks exchange (tse), using artificial neural network. the respected sample consists of 90 firms from 2002  to 2009 (720 firm/years). attention to the framework of study reduced the number of 720 firm/years to 630 firm/years. these firms separated in two groups of learning sample (540 firm/years) and test sample...

European Union countries have implemented widespread reforms to product markets in order to stimulate competition, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme (SMP) were associated with increased product market competition, as measured by a reduction in average profitability, and with a subsequent increase in in...

A conceptual framework for analyzing the credit rationing and the link between credit access and profitability is developed. The empirical analysis using data from manufacturing firms in Bulgaria, provides direct estimates of credit rationing and its impact on profitability in transition economies. The results from the switching regression suggest that the presence of credit market constraints ...

The strategy literature has long debated the relative contribution of firm versus industry related factors as the drivers of firm profitability. The industrial organization perspective on this issue suggests that the structure of an industry is a key determinant of profitability (e.g., Porter, 1979). On the other hand, the resource-based view of the firm posits that strategic advantages conferr...

Performance Data envelopment analysis Managerial efficiency Profitability efficiency A two-stage approach in data envelopment analysis (2S-DEA) methodology is used towards decomposing a typical two-stage operation process of general insurance companies, which is conducted in a single operation involving intermediate. Specifically, we evaluate the managerial efficiency and profitability efficien...

A poor risk culture was one of the causes financial crisis. Surprisingly, there is no evidence link between and bank stability. Using a large sample European banks from 2004 to 2017, our paper shows that sound leads better performance. Our research design based on three steps. First, we developed new Sound Risk Culture Indicator Financial Stability Board (2014) framework. Second, estimated this...

This chapter deals with project profitability to society and how it is related to market-based commercial profitability. The first part discusses the sources of divergence between profitability to private companies and to society as a whole, and how commercial assessments can be modified in order to find the social surplus. The second part deals with the role of information and risk for project...

A two-year experiment evaluated the effects of sorting long yearling steers by initial feedlot BW and supplementing 200 mg/steer of Optaflexx daily the last 28 days of the feeding period on ADG, F/G, carcass characteristics and profitability. Feedlot ADG, F/G, and profitability were not effected by sorting. However, sorted cattle exhibited increased fat thickness, increased rib-eye area, and in...

The objective of this study is to diagnose the potato sector in El Oued region by highlighting technical and environmental situation sector. For purpose, a field survey was carried out at level 75 farms region. Souf region’s Farm Sustainability Indicator (IDEA) important. assessment agro-ecological, socio-territorial economic indicators indicates that agro-ecological indicator most represented ...