Corporate Profitability and Corporate Longevity
J. S. Gilbert
Abstract
J. S. Gilbert
Abstract
Many firms have discovered in the last few years that even the largest company is not immune to complete financial ruin. Is it due to poor management, lack of market savvy, or just a manifestation of the economy and increased competition from abroad? No one item is entirely to blame; in fact, this paper will illustrate that most firms that have met with disaster could have predicted their demise if they had had economic indicators that reflected not only profitability but also some measure of 'staying power.'
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Many firms have discovered in the last few years that even the largest company is not immune to complete financial ruin. Is it due to poor management, lack of market savvy, or just a manifestation of the economy and increased competition from abroad? No one item is entirely to blame; in fact, this paper will illustrate that most firms that have met with disaster could have predicted their demise if they had had economic indicators that reflected not only profitability but also some measure of 'staying power.'
Key concepts: Longevity, Profitability index, Business, Economics, Finance, Biology, Genetics