ISSN: IJSB: 2520-4750 (Online), 2521-3040 (Print) JSR : 2708-7085 (online)

Impact of Firm Specific Factors on Profitability: Evidence from the Engineering Industry of Bangladesh

 Author (s)

Ummay Mahima Ima & Nurun Nahar

Abstract

The paper analyses the impact of the firm-specific factors on the profitability of the engineering industry of Bangladesh. This study used 22-year (2000-2021) panel data of a total of 13 companies of this industry. According to the findings of the study, the factors that have the most impact on a business’s capacity to earn a profit are its age, asset turnover ratio, and operating profit margin. Size and operating profit margin are two of the factors that have a positive impact on a company’s profitability. On the other hand, age and asset turnover ratio are factors that have a negative impact on a company’s profitability. The findings could be of use to a wide variety of stakeholders in assisting them in making decisions pertaining to this industry.

Keywords: Profitability, ROE, Total Asset, Age, Size, Return on Asset, Asset turnover, Operating Profit, Fixed Effect, Panel Data.

 

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Title: Impact of Firm Specific Factors on Profitability: Evidence from the Engineering Industry of Bangladesh
Author: Ummay Mahima Ima & Nurun Nahar
Journal Name: International Journal of Science and Business
Website: ijsab.com
ISSN: ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI: https://doi.org/10.5281/zenodo.6825457
Media: Online
Volume: 13
Issue: 1
Issue publication (Year): 2022
Acceptance Date: 09/07/2022
Date of Publication: 13/07/2022
PDF URL: https://ijsab.com/wp-content/uploads/948.pdf
Free download: Available
Page: 100-106
First Page: 100
Last Page: 106
Paper Type: Research paper
Current Status: Published

 

Cite This Article:

Ummay Mahima Ima & Nurun Nahar (2022). Impact of Firm Specific Factors on Profitability: Evidence from the Engineering Industry of Bangladesh.International Journal of Science and Business, 13(1), 100-106. doi: https://doi.org/ 10.5281/zenodo.6825457

Retrieved from https://ijsab.com/wp-content/uploads/948.pdf

 

 

About Author (s)

Ummay Mahima Ima (Corresponding Author), Department of Business Administration in Financing & Banking, Bangladesh University of Professionals, Mirpur Cantonment, Dhaka, Bangladesh.

Nurun Nahar, Department of Business Administration (DBA),Bangladesh Army University of Science and Technology, Saidpur Cantonment, Nilphamari, Bangladesh.

 

 

 

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DOI: https://doi.org/10.5281/zenodo.6825457

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