Although both the academic and policy communities have attached great importance to measuring corruption, most of the currently available measures are biased and too broad to test theory or guide policy. This article proposes a new composite indicator of grand corruption based on a wide range of elementary indicators. These indicators are derived from a rich qualitative evidence on public procu...

This paper examines dividend reduction timing at the industry level, asking what firm types choose to reduce their dividends earlier in a dividend reducing cycle than others. Theory is proposed that suggests that higher quality firms will reduce dividends sooner to start rebuilding the firm‟s profitability, while lower quality firms delay reducing their dividends until they must. This paper con...

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 analysat...

This study aims to analyze financial performance during the Covid-19 pandemic. Assessment of aspect is measured using three leading indicators, namely Profitability, Liquidity, and Solvency. The profitability ratio consists return on equity operating ratio, while liquidity cash effectiveness ratio. data type used secondary in form reports Pandemic, April, May June 2020. analysis technique uses ...


 Firm value is an important indicator for investors to evaluate the company as a whole before investing in company. This study aims determine whether profitability, capital structure and size moderation effect on firm food beverage companies listed IDX. uses quantitative research. The research sample used purposive sampling technique consisting of 24 companies. analytical method Moderated...

Abstract This work tackles from an empirical perspective the widely debated relationship between sustainability in business practices and profitability, focusing on a sample of listed European firms. To measure extent sustainable at firm level, Comprehensive Environmental, Social, Governance (ESG) score is proposed. The indicator, computed using Mazziotta‐Pareto method, combines qualitative rat...

This paper explores the relationship between the health of the financial sector and the rest of the economy. We develop an indicator of financial sector health using a distance-to-default measure based on a Merton-style option pricing model. Our measure spans over three decades and appears to capture periods when financial sector institutions were strong and when they were weak. We then use vec...

Profitability is a performance indicator that describes bank's ability to manage its assets into profit. The purpose of this study was examine the effect analysis influence capital factors and liquidity risk on profitability Islamic commercial banks in Indonesia mediated by financing risk. This uses data annual financial statements Commercial Banks Registered Supervised Financial Services Autho...

The aim of this study is to investigate the effects of capital structure decisions on firms’ profitability in manufacturing sector in Turkey. The data used in this research corresponds to the financial statements of manufacturing companies collected between 2005 and 2011. Regression analysis was employed by using financial ratios obtained from financial statements of firms within the scope of a...

Two key measures of economic performance are calculated and analyzed for three important Italian trawl fisheries (Northern Thyrrenian Sea, South of Sicily, Northern Adriatic Sea): the Net Economic Returns (NER), which informs on the economic performance and is considered a proxy of resource rent in fisheries and the Return on Fixed Tangible Assets (ROFTA), which is used as an approximation of t...