Profitability in Australian enterprises

S Feeny; M Rogers

Profitability in Australian enterprises

S Feeny, M Rogers

Economics, Finance and Entrepreneurship

Research output: Preprint or Working paper › Working paper

Abstract

This paper analyses profitability in a sample of large Australian companies over the period 1985 to 1996. Various measures of profitability are used and the paper provides a discussion of the theoretical basis for these measures. The key issues investigated are a comparison of the profitability measures, the distribution of profitability between firms, and the persistence of firm profitability. The results are compared to previous studies on firm profitability.

Original language	English
Place of Publication	Australia
Publisher	Melbourne Institute of Applied Economic and Social Research
Number of pages	35
ISBN (Print)	0734014465
Publication status	Unpublished - 1998

Publication series

Name	Melbourne Institute working paper
No.	21/98

Keywords

profit
rate of return
firm performance

Cite this

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AB - This paper analyses profitability in a sample of large Australian companies over the period 1985 to 1996. Various measures of profitability are used and the paper provides a discussion of the theoretical basis for these measures. The key issues investigated are a comparison of the profitability measures, the distribution of profitability between firms, and the persistence of firm profitability. The results are compared to previous studies on firm profitability.

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KW - rate of return

KW - firm performance

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ER -

Profitability in Australian enterprises

Abstract

Publication series

Keywords

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Cite this