Impact on Operating Profitability by Greenhouse Gas Statements: A Research in BIST Sustainability Index Companies

Atabay, Esra; Çalıyurt, Kıymet Tunca

doi:10.1007/978-981-16-9364-9_9

Cited by 1 publication

(2 citation statements)

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“…In view of this, it is important to consider Bai et al (2022) because they demonstrated by comparing the profitability of different industries, focusing only on profit margin is misleading as it does not take into account variations in asset utilization efficiency and volatility of returns. In addition, Atabay and Çalıyurt (2022) who mentioned that financial services companies fared better than in terms of profitability, although there was a noticeable gap between the sectors. Table 2 shows that firm five is the firm with the highest correlation with the liquidity and G ratios, seven out of eight reached a bilateral sigma of less than zero point zero five, thus demonstrating that the LG, acid test, CT, CTNTA, RCC, RI and RAF are related to ROA and ROE.…”

Section: Resultsmentioning

confidence: 99%

“…et al (2022) found when comparing the profitability of different industries, focusing solely on profit margin can be misleading as it does not take into account variations in asset utilization efficiency and volatility of returns, two key factors that could lead to an incomplete assessment. Also, Atabay and Çalıyurt (2022) as they showed that financial services companies fared better than a in terms of profitability, although there was a noticeable gap between sectors.…”

Section: Introductionmentioning

confidence: 98%

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Relationship of Cash Management to Profitability of Cement Companies Listed on the Lima Stock Exchange

Agurto,

Rodriguez,

Delgado

et al. 2023

J. Professional Business Review

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Purpose: The general objective was to determine the relationship of cash on hand (COA) management on profitability in cement companies listed on the LSE from 2017 to 2021. Theoretical framework: The theoretical foundations found and cited in this work, allowed to know at a global level the behavior of cash management in companies and how it is related to profitability. Design/methodology/approach: A quantitative, longitudinal, basic, descriptive, and correlational methodology was used. Also, the financial positions of cement industry companies listed on the LSE for the period 2017-2021 are examined. Findings: The findings revealed that overall liquidity, acid test, working capital, net working capital over total assets, accounts receivable turnover, inventory turnover and fixed asset turnover are related to ROA and ROE. In contrast, the ratios that are least related to the business because they reached a value above 0.05 are working capital, net working capital over total assets, inventory turnover and accounts receivable turnover. Research, Practical & Social implications: cement companies were able to cope despite the significant challenges they faced before, during and after the pandemic; some needed additional capital, while others decided to obtain financial assistance. Originality/value: It is essential that the organization's available cash is used and distributed correctly, according to the real needs that the company must cover in a specific period to pay its debts in a timely manner.

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Section: Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 98%