文章基本信息

标题：Growth and Profitability in Portuguese Companies: a Dynamic Panel Data Approach
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作者：Serrasqueiro, Zelia
期刊名称：The AMFITEATRU ECONOMIC journal
印刷版ISSN：1582-9146
出版年度：2009
卷号：11
期号：26
页码：565-573
出版社：Academy of Economic Studies - Bucharest, Romania
摘要：In this article, using dynamic panel estimators, we test empirically the relationship between the growth of Portuguese companies and their profitability. The empirical evidence obtained indicates that growth in Portuguese companies means increased profitability. Growth in Portuguese companies is a catalysing factor of profitability, with the motivational effect on employees, given the expectation of greater gains in the future, being more relevant than the possible negative effects of growth on profitability, as a consequence of the need for new more formal labour relations in companies.
关键词：company growth; dynamic estimators; profitability