Fiscal Stimulus Impact on Firms Profitability During the Global Financial Crisis is popular PDF and ePub book, written by Carolina Correa-Caro in 2018-11-28, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Fiscal Stimulus Impact on Firms Profitability During the Global Financial Crisis can be Read Online from any device for your convenience.
Fiscal Stimulus Impact on Firms Profitability During the Global Financial Crisis Book PDF Summary
Using financial statement data from the Thomson Reuter’s Worldscope database for 22,333 non-financial firms in 52 advanced and emerging economies, this paper examines how fiscal stimulus (i.e., changes in structural deficit) interacted with sectoral business cycle sensitivity affected corporate profitability during the recovery period of the global financial crisis (GFC). Using cross-sectional analyses, our findings indicate that corporate profitability improved significantly after the GFC fiscal stimulus, especially in manufacturing, utilities and retail sectors. Firm size and leverage are also found to be significant in explaining changes in corporate profitability.
Detail Book of Fiscal Stimulus Impact on Firms Profitability During the Global Financial Crisis PDF
- Author : Carolina Correa-Caro
- Release : 28 November 2018
- Publisher : International Monetary Fund
- ISBN : 9781484380659
- Genre : Business & Economics
- Total Page : 38 pages
- Language : English
- PDF File Size : 21,6 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Fiscal Stimulus Impact on Firms Profitability During the Global Financial Crisis by Carolina Correa-Caro, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.