Firm-Specific Determinants on Corporate Performance: Evidence from Listed Plantations Companies in Sri Lanka

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Published Dec 31, 2020
https://doi.org/10.35737/sjccmrr/v10/i2/2020/157397
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Volume 10, Issue 2, December 2020

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Gamlath G. R. M.
Department of Finance & Accountancy, Vavuniya Campus of the University of Jaffna

Abstract

This study concerns the factors influencing on firm's performance of plantation companies in Sri Lanka. Since the study dealt with panel data analysis, Ordinary Least Square (OLS), fixed effect and random effect are employed to analyze the secondary data from 2010 to 2018. The results posit that capital strength, operating expense and firm size have significant relationship with profitability of plantation companies while the firm size shows positive significant relationship in both models. However, performance of these firms does not influence by liquidity and growth rate. In overall, the firm specific factors on Sri Lankan plantation firms' performance are determined by capital strength, firm size and operating expense

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How to Cite
G. R. M., G. (2020). Firm-Specific Determinants on Corporate Performance: Evidence from Listed Plantations Companies in Sri Lanka. SJCC Management Research Review, 1–12. https://doi.org/10.35737/sjccmrr/v10/i2/2020/157397
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