How Much Does Industry Matter , Really ?

Abstract

In this paper, we examine the importance of year, industry, corporate-parent, and businessspecific effects on the profitability of U.S. public corporations within specific 4-digit SIC categories. Our results indicate that year, industry, corporate-parent, and business-specific effects account for 2 percent, 19 percent, 4 percent, and 32 percent… (More)

5 Figures and Tables

Topics

  • Presentations referencing similar topics