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Profitability in the car industry: New measures for estimating targets and target directions |
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| Authors: | Hans van der Heijden Wolfgang Garn |
| Institution: | The Surrey Business School, University of Surrey, Guildford, Surrey GU2 7XH, United Kingdom |
| Abstract: | In this paper we study the profitability of car manufacturers in relation to industry-wide profitability targets such as industry averages. Specifically we are interested in whether firms adjust their profitability in the direction of these targets, whether it is possible to detect any such change, and, if so, what the precise nature is of these changes. |
| Keywords: | Forecasting DuPont ratios Multivariate statistics Kernel density estimation Directional statistics Profitability targets |
| 本文献已被 ScienceDirect 等数据库收录！ | |