Title:

Country versus Industry Effects in Euro-Zone Corporate Performance - a Dynamic Approach

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Efekt kraju i sektora w kondycji finansowej przedsiębiorstw w ujęciu dynamicznym

Creator:

Koralun-Bereźnicka, Julia

Subject and Keywords:

industry effect ; country effect ; corporate performance

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 138, s. 71-87

Abstrakt:

This study aims to compare the relative importance of industry and country factors in corporate performance within euro zone. Classification methods of clustering analysis were employed in order to verify whether the similarities between enterprises follow the country or the industry patterns more. The territory of the analysis was limited to nine euro-zone countries, which is a highly integrated area, and therefore fairly homogenous. Findings provide empirical evidence about the increasing role of industry factors in comparison with the previous findings. The main practical implication of the study is therefore the growing importance of cross-industry diversification strategies in comparison to the traditional cross-country investment diversification.

Publisher:

Publishing House of Wrocław University of Economics

Place of publication:

Wrocław

Date:

2010

Resource Type:

artykuł

Language:

eng

Relation:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 138 ; Financial Sciences, vol. 5

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Coverage:

Dofinansowano z programu "Społeczna odpowiedzialność nauki" Ministra Edukacji i Nauki (SONB/SP/546390/2022). Tytuł projektu: Upowszechnienie zawartości czasopisma Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu