A Review of the Research on Financial Performance and Its Determinants
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- Mihaela Brindusa Tudose 5 &
- Silvia Avasilcai 5
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- International Symposium in Management Innovation for Sustainable Management and Entrepreneurship
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To carry out the review, the study was designed in such a manner as to enable us to: (a) identify the degree of interest that researchers displayed for scientific grounding of concepts they operate with and (b) identify the degree to which new lines of research have been shaped on determinants of financial performance. Based on a sample of 45 articles which analyzed the corporate financial performance, published during 2014–2019, was established a database which details: the researches’ topic; dependent and independent analyzed variables (and the indicators used for their assessment); samples; sources of data and periods in which they have been collected; results of the research; and authors’ contributions in defining the concept of performance. In terms of study’s first aim, we have shown that authors are concerned with grounding concepts with which they operate, but they mostly focus on the determinants and not on the financial performance. In terms of determinants of the financial performance, the study reveals that the research is more detailed and they extend the analyses with new variables (such as ethics of stakeholders, corporate lobbying, corporate culture, green credit or non-financial reporting) for explaining the dynamics of the financial performance.
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Tudose, M.B., Avasilcai, S. (2020). A Review of the Research on Financial Performance and Its Determinants. In: Prostean, G., Lavios Villahoz, J., Brancu, L., Bakacsi, G. (eds) Innovation in Sustainable Management and Entrepreneurship. SIM 2019. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-44711-3_17
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A Review of Corporate Financial Performance Literature: A Mini-Review Approach
- Astrin Kusumawardani , M. H. Che Haat , +3 authors Abdul Talib Bon
- Published in Proceedings of the… 7 March 2021
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A Review of Corporate Financial Performance Literature: A Mini-Review Approach Keywords. July 2021. DOI: 10.46254/AN11.20210713. Conference: Proceedings of the 11th Annual International Conference ...
The study is based on the theory background and relevant researches in the areas of performance measures disclosed in financial statements. The sample of the case studies and sorts of literature are specifically collected from the well-known and respected accounting journals investigating in performance measures areas from 2010 to 2016, which are available on open access.
In brief, financial analysis is the process of selection, relation and evaluation. (Khan, M Y, 2007). Financial performance analysis is, therefore, the process of identifying the financial ...
Abstract Performance measurement comprises several metrics and applications used as a benchmark in business sectors for both internal and external users. For managers, it expresses whether company's targets are reached and as a way of evaluating risks and returns for shareholders. A variety of performance measures are utilized to almost every ...
Financial Performance Analysis - Literature Review - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. This document summarizes several studies that examined the financial performance of companies in various industries and countries using financial ratios and other statistical analysis methods.
The Pharmaceutical companies selected for study are Lupin, Wockhardt, Glenmark, Abbott, and Torrent. The financial performance of these companies is evaluated and found that the profitability of ...
To build the sample of studies grounding the analysis, we have set the following selection criteria: (a) research topic (content of studies makes reference to financial performance and its determinants); (b) quality of reference sources (articles published in ISI-indexed journals and ISI-abstracted articles, with or without an impact factor); and (c) year of publication.
AA meta-analysis of results from 320 published studies relates environmental, strategic and. organizational factors to financial performance. Some factors (e.g., concentration and growth) have been studied widely and have a relatively consistent positive impact on performance. Other widely-studied factors (e.g., size) have few consistent effects.
contractors (Dufer a, 2010). Good financial performance rewards the shareholders for their investment (Ongore & Gemechu, 2013). A firm' s financial performance measured by how better off the shareholder is at the end of a period, than he was at the beginningand this can be determined using ratios derived from financial statements; mainly th, e
2. LITERATURE REVIEW The potential of financial analysis in assessing the financial health of the firm and its performance has attracted considerable attention in recent literature (e.g. Kotane & Kuzmina-Merlino, 2012; Beaver et al., 2010; Kovárík & Klímek, 2012; Brendea, 2014; Lee, 2014; Kubenka, 2016). However, the linguistic
Corporate financial performance is an overview of the company's financial status report over a period of time to figure out how successful and profitable a company is in producing revenue. These indicators include sales growth, profitability (reflected by ratios such as return on investment, return on sales and return on equity), share price, earnings per share, and so forth. The world economy ...
Overall, the literature review highlights the complex and multifaceted nature of financial performance and the many factors that can impact a firm's success. By understanding these factors and their interrelationships, firms can make better-informed decisions and take steps to improve their financial performance over time. II.
The literature on financial statement analysis attempts to improve fundamental analysis and to identify market inefficiencies with respect to financial statement information. In this paper, I review the extant research on financial statement analysis.
The document discusses several challenges involved in writing a literature review on financial performance analysis. It notes that identifying relevant sources, evaluating their credibility, and synthesizing key insights can be an overwhelming process. Additionally, determining the most relevant sources from the vast available literature and structuring the review coherently requires advanced ...
In terms of determinants of financial performance, a review of the existing literature has shown that research abounds in mixed results. The complexity of the performance, the diver-sity of the determinants, the samples, the processed data, the indicators used, and the applied analysis models make that the research results cannot be generalized.
PDF | On Jan 1, 2018, Bismark Maka and others published Review of Financial Performance analysis of Corporate Organizations | Find, read and cite all the research you need on ResearchGate
2 2.1 REVIEW OF LITERATURE 6 ... 3.2 Theoretical review of ratio analysis 8 3.3 Trend percentage analysis 10 3.4 Comparative Balance Sheet 11 3.5 Common size balance sheet 11 3.6 Research Methodology 12 ... • Financial performance analysis is a process involving specific techniques for evaluating risks, performance, financial health and ...
The thesis will follow the Literature review methodology. The purpose of a literature review research design is to collect, verify, and generate evidence from the published documents that ... available to examine the effect of non-financial performance indicators on financial performance. Analysis of performance indicators will be structured in ...
2) The result achieved during the period under review Financial performance analysis Financial performance analysis is the process of determining the operating and financial characteristics of a firm from accounting and financial statement s. The goal of such analysis is to determine the efficiency and performance of firm‟s
statistical tools can be used for the analyzation of data. Additionally, in order to achieve the efficiency of financial analysis the conventional tools can also be used. REVIEW OF LITERATURE Prasanta Paul (2011) stated on the Financial Performance Evaluation - Some of the selected NBFCs are taken for the comparative study.
The dividend payout ratio varies significantly from year to year, with a average of 38.71%. The payout ratio was relatively low in 2018-2019 and 2019-2020, with values of 13.43% and 15.13% respectively. However, it increased substantially in 2020-2021 and 2021-2022, with values of 37.25% and 104.75% respectively.
Financial Performance - Organizational Susta inability Relationship. Literature Review. Mihaela Neacșu, Iulia Eugenia Georgescu**. Abstract: Organizational sustainability efforts focus on three ...
available for use as academic literature by other students and researchers on a global and local scale. Policymakers will have information to aid them in developing policies affecting the banking industry. Additionally, the general public will be educated about the numerous aspects that contribute to the analysis of banks' financial performance.
Based on the review of the literature, the study can generate the main hypothesis: H01: CLV has no significant impact on an organization's financial performance (ROA, ROE and P/E Ratio) ... Financial Performance Enhancement: Organizations can use the insights from this study to enhance their financial performance by focusing on CLV-driven ...
Analysis of the Technology industry performance during the quarter ending March 2024. This analysis is based on the quarterly financial results declared by the top listed Technology companies. The report covers a brief analysis on the