The Casual Relationship Between Debt and Profitability: The Case of Italy

This paper examines the impact of debt on corporate profitability using a longitudinal sample of 7,370 Italian SMEs operating in the commerce sector during 2006-2010. Being based on the simple moving-average analysis of the profitability ratios, as a result of debt changes, econometric evidence supp...

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Bibliographic Details
Main Authors: Marco Muscettola, Francesco Naccarato
Format: Article
Language:English
Published: Athens Institute for Education and Research 2016-01-01
Series:Athens Journal of Business & Economics
Subjects:
Online Access:https://www.athensjournals.gr/business/2016-2-1-2-Muscettola.pdf