Corporate Profitability and the Dynamics of Competition in Emerging Markets: a Time Series Analysis Esrc

@inproceedings{IFC2002CorporatePA,
  title={Corporate Profitability and the Dynamics of Competition in Emerging Markets: a Time Series Analysis Esrc},
  author={Jack Glen IFC and Kevin Lee},
  year={2002}
}
The paper presents time-series analyses of corporate profitability in seven leading developing countries (DCs) using the common methodology of the persistence of profitability (PP) studies and systematically compares the results with those for advanced countries (ACs). Surprisingly, both shortand longterm persistence of profitability for DCs are found to be lower than those for ACs. The paper concentrates on economic explanations for these findings. It also reports the results on the… CONTINUE READING

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