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Determinants of Profitability of National Tobacco Enterprise (Ethiopia) Share Company

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dc.contributor.advisor Kassie, Abebaw (PhD)
dc.contributor.author Dubale, Tekalign
dc.date.accessioned 2018-11-06T08:23:31Z
dc.date.available 2018-11-06T08:23:31Z
dc.date.issued 2017-06
dc.identifier.uri http://localhost:80/xmlui/handle/123456789/13797
dc.description.abstract The study of factors determining the profitability of companies has been given special attention over time in the fields of business research. In this study, a time series data set of National Tobacco Enterprise (Ethiopia) S.C was used for examining the determinants of the Company’s profitability employing Ordinary Least Square (OLS) method. For this purpose financial information covering years 1968 – 2015 were collected and analyzed. Return on asset, considered as a measure for profitability, is the dependent variable while firm size, sales growth, expense to revenue ratio, gross margin return on inventory, sales to current asset ratio, and inventory holding period are considered as independent variables. According to the findings, firm size and expense revenue ratio showed statistically significant negative effect on profitability. Whereas, sales growth, gross margin return on inventory and sales to current asset ratios have significant positive effect on profitability. Inventory holding period, however, has positive but insignificant effect on profitability. Key words: Profitability, profitability Determinants, time series data, manufacturing companies en_US
dc.language.iso en en_US
dc.publisher Addis Ababa University en_US
dc.subject Profitability en_US
dc.subject profitability Determinants en_US
dc.subject time series data en_US
dc.subject manufacturing companies en_US
dc.title Determinants of Profitability of National Tobacco Enterprise (Ethiopia) Share Company en_US
dc.type Thesis en_US

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