PROFITABILITY DETERMINANTS OF SERBIAN AGRICULTURAL COMPANIES
2025
Bojana Novićević Čečević | Srboljub Nikolić | Snežana Jovanović
The study examines the impact of specific factors on the profitability of agriculture companies measured through ROA. The research utilized multiple linear panel regression models, namely, ordinary least squares (OLS), fixed effects (FE), and random effects (RE). The investigation was conducted on companies operating in the agricultural sector within the Republic of Serbia. The time period covered by the study is from 2020 to 2023. The results indicate that ROE and net profit have a positive impact on profitability, while the impact of net cash flow, although positive, is not statistically significant. Empirical findings show that total assets, fixed assets, debt, and liquidity have a negative impact on ROA, but only the impact of debt is statistically significant.
Mostrar más [+] Menos [-]Palabras clave de AGROVOC
Información bibliográfica
Este registro bibliográfico ha sido proporcionado por Directory of Open Access Journals