Country and Size Effects in Financial Ratios: A European Perspective

Mar Molinero, Cecilio and Cinca, Carlos Serrano and Gallizo, J.L. (2005) Country and Size Effects in Financial Ratios: A European Perspective. Global Finance Journal, 16 (1). 26 - 47. ISSN 1044-0283. (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1016/j.gfj.2005.05.003

Abstract

Harmonised aggregate financial statements are published by the European Commission in the BACH database. This information is organised by country, size of firm, and year. Financial ratios obtained from this database are analysed using multivariate statistical techniques in order to explore country and size effects. The data relates to three size groups, eleven countries, fourteen years, and fifteen financial and economic ratios. It is found that ratios reflect the size of the firm, but that the way in which this is reflected varies between the different countries. It is also found that there are no significant size related differences in financial profitability, but that such differences appear when countries are compared

Item Type: Article
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > Kent Business School
Depositing User: C. Mar-Molinero
Date Deposited: 08 Oct 2008 17:45
Last Modified: 19 Jun 2014 11:38
Resource URI: http://kar.kent.ac.uk/id/eprint/9547 (The current URI for this page, for reference purposes)
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