FACTORS AFFECTING SUSTAINABLE GROWTH RATE AND ITS IMPACT ON FINANCIAL PERFORMANCE OF KOSOVO MANUFACTURING COMPANIES.

Autor: Ahmeti, Yllka, Kalimashi, Albina, Ahmeti, Ardi, Ahmeti, Skender
Předmět:
Zdroj: Economic Studies; 2024, Vol. 33 Issue 4, p61-74, 14p
Abstrakt: The paper aims to identify the factors affecting the sustainable growth rate of companies over eleven years from 2011 to 2021. The research used panel regression analysis and examined a sample of 92 manufacturing companies operating in the market of Kosovo. This study used a pooled OLS regression model to investigate the variables affecting sustainable growth rate (SGR). According to the research, SGR has a negative significant impact on profitability (ROA), liquidity (LIQ), and equity ratio (TETA). However, there was a positively statistically significant relationship between SGR, asset efficiency (STA), capital structure (TDTE), and sales growth (SG). These findings provide insight into the important factors influencing the study environment's sustainable growth rate. The findings, according to the study, can be used by management to build and implement long-term growth strategies. Businesses can improve their operations, and align them with the objective of sustainable growth by considering the impact of the identified variables. It also provides for a more accurate evaluation of the company's financial success and long-term performance. The study's findings have practical implications for a wide range of stakeholders, including corporate executives, investors, financial institutions, and researchers. All of these groups can use the knowledge provided to make better decisions and support sustainable development rates. [ABSTRACT FROM AUTHOR]
Databáze: Supplemental Index