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The Determinants of Corporate Profitability in the UK Electrical Engineering Industry
Author(s) -
Grinyer Peter H.,
McKiernan Peter
Publication year - 1991
Publication title -
british journal of management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.407
H-Index - 108
eISSN - 1467-8551
pISSN - 1045-3172
DOI - 10.1111/j.1467-8551.1991.tb00012.x
Subject(s) - profitability index , business , decentralization , industrial organization , capital (architecture) , marketing , economics , finance , market economy , archaeology , history
SUMMARY The structure‐conduct‐performance model is extended to include managerial factors. Multiple regression of data for 45 companies in the electrical engineering industry shows market share, capital intensity, growth of sales, tightness of control of working capital and decentralisation to contribute significantly to an explanation of corporate profitability.