The Link between Company Competitiveness and Financial Performance

Gruian Claudiu-Marian ()
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Gruian Claudiu-Marian: West University of Timisoara Faculty of Economics and Business Administration

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 884-889

Abstract: Company competitiveness and financial performance are two terms often used in literature but they usually appear distinctly and the relationship between them is not examined. This article provides a reasonable clarification regarding the concept of company competitiveness and theoretically argues for the positive influence it has on financial performance. Theoretical arguments are supported by an empirical investigation based on a linear regression model applied to a sample of 62 non-financial companies listed at Bucharest Stock Exchange. Results confirm the proposed hypothesis, showing that the two variables are positively correlated.

Keywords: company competitiveness; financial performance; Bucharest Stock Exchange (search for similar items in EconPapers)
JEL-codes: D20 L20 L25 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:11:y:2011:i:1:p:884-889

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