Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/193472 
Erscheinungsjahr: 
2017
Quellenangabe: 
[Journal:] Journal of Contemporary Economic and Business Issues [ISSN:] 1857-9108 [Volume:] 4 [Issue:] 1 [Publisher:] Ss. Cyril and Methodius University in Skopje, Faculty of Economics [Place:] Skopje [Year:] 2017 [Pages:] 21-39
Verlag: 
Ss. Cyril and Methodius University in Skopje, Faculty of Economics, Skopje
Zusammenfassung: 
When focusing on business performance of a country, industry or an individual firm the performance of companies may be tracked using various measures. By simulating the behaviour of a simple firm, our model underlines that the choice of measurement unit determines what distortions we will face, and thus, using different measures we may end up identifying completely contradicting cycles at macro, mezzo, and micro level. On top of that, these cycles would radically change if firms examined changed their operational, investment or financing strategy or when structural changes happen in the economy. This may end in researchers analysing non-existing cycle changes and looking for nearly identical explanations of development differences for industries, regions or countries.
Schlagwörter: 
fluctuation
corporate performance
inflation
leverage
strategy
JEL: 
D92
G31
G32
O14
Dokumentart: 
Article

Datei(en):
Datei
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