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作者 Mao, Zhenxing
書名 Investigation of the relationship between firm-wise financial factors and firm performance in the hospitality industry
說明 121 p
附註 Source: Dissertation Abstracts International, Volume: 67-12, Section: A, page: 4640
Adviser: Zheng Gu
Thesis (Ph.D.)--University of Nevada, Las Vegas, 2006
This study empirically investigates the relationship between firm-wise financial factors and firm performance in the hospitality industry from 2000 to 2004 using panel data regression. After a literature review of firm-wise financial factors and their impact on performance in the literature, unit-effect and time-effect linear models were proposed and examined in both the restaurant and hotel sectors with different firm performance measures used as the dependent variable (i.e., Proxy Q, Sharpe ratio, and Treynor ratio). While some variables, especially liquidity and solvency, were found to have significant impacts on firm performance measured by Proxy Q and Sharpe ratio in both the restaurant and hotel sectors, no financial variable was found to have a significant relationship with the Treynor ratio in either sector. Implications of this study's findings for both the restaurant and hotel sectors are discussed at the end
School code: 0506
DDC
Host Item Dissertation Abstracts International 67-12A
主題 Economics, Finance
0508
Alt Author University of Nevada, Las Vegas
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