CAN THE ENTERPRISE ACHIEVE BOTH SUSTAINED PROFITABILITY AND ECONOMIC GROWTH?
CAN THE ENTERPRISE ACHIEVE BOTH SUSTAINED PROFITABILITY AND ECONOMIC GROWTH?
Author(s): Dorin Cosma, Anca-Ramona BotezatSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: profitability; economic growth; maximization; financing policy
Summary/Abstract: This paper focuses on the presentation, at the enterprises level of two primary objectives: its profitability and economic growth, on the grounds that everyone can choose one or the other. Achieving a sustained profitability and growth is difficult, but possible for enterprises that take account of continuous renewal. Achieving one or more goals means for the enterprise implementation of financing decisions that require a financing plan. In order to emphasize the importance of establishing long term business objectives referring to profitability or growth, that would give financial autonomy; we built a regression model using Pooled Least Squares method.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 21/2011
- Issue No: 1
- Page Range: 272-282
- Page Count: 11
- Language: English