Company value analysis: Empirical evidence from Western Europe
The assessment of the future sustainability of the company is based on the analysis of its value. In order to find the best way to maximize value and improve corporate performance, this paper aims to research factors that determine the value of Western European companies in the time period 2017-2022...
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| Format: | Article |
| Language: | English |
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University of Novi Sad - Faculty of Economics, Subotica
2025-01-01
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| Series: | Anali Ekonomskog fakulteta u Subotici |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2025/0350-21202553109V.pdf |
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| _version_ | 1850082218480762880 |
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| author | Vuković Bojana Peštović Kristina Saković Dušan Ilić Teodora |
| author_facet | Vuković Bojana Peštović Kristina Saković Dušan Ilić Teodora |
| author_sort | Vuković Bojana |
| collection | DOAJ |
| description | The assessment of the future sustainability of the company is based on the analysis of its value. In order to find the best way to maximize value and improve corporate performance, this paper aims to research factors that determine the value of Western European companies in the time period 2017-2022. The influence of financial determinants such as financial leverage, profitability, size, liquidity, growth, and dividend payout ratio on company value was thoroughly analyzed. The research is based on a sample of 321 companies, creating 1926 observations. To process the data, panel regression analysis is used. Research results presented that leverage and profitability have a positive impact of statistical significance, while company size and liquidity have the opposite impact of statistical significance. Indicating the positive and negative impact of the analyzed indicators on the value of the company creates a basis for the optimal use of available funds, strengthening the competitive position, and meeting the information needs of all internal and external stakeholders. |
| format | Article |
| id | doaj-art-8e57d77ba5d344378532d60bf375ef9c |
| institution | DOAJ |
| issn | 0350-2120 2683-4162 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | University of Novi Sad - Faculty of Economics, Subotica |
| record_format | Article |
| series | Anali Ekonomskog fakulteta u Subotici |
| spelling | doaj-art-8e57d77ba5d344378532d60bf375ef9c2025-08-20T02:44:34ZengUniversity of Novi Sad - Faculty of Economics, SuboticaAnali Ekonomskog fakulteta u Subotici0350-21202683-41622025-01-0120255310912410.5937/AnEkSub2500001V0350-21202553109VCompany value analysis: Empirical evidence from Western EuropeVuković Bojana0https://orcid.org/0000-0002-2147-8877Peštović Kristina1https://orcid.org/0000-0001-9851-1025Saković Dušan2https://orcid.org/0000-0003-2742-2388Ilić Teodora3https://orcid.org/0000-0002-7376-2124University of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaUniversity of Novi Sad, Faculty of Economics in Subotica, Subotica, SerbiaThe assessment of the future sustainability of the company is based on the analysis of its value. In order to find the best way to maximize value and improve corporate performance, this paper aims to research factors that determine the value of Western European companies in the time period 2017-2022. The influence of financial determinants such as financial leverage, profitability, size, liquidity, growth, and dividend payout ratio on company value was thoroughly analyzed. The research is based on a sample of 321 companies, creating 1926 observations. To process the data, panel regression analysis is used. Research results presented that leverage and profitability have a positive impact of statistical significance, while company size and liquidity have the opposite impact of statistical significance. Indicating the positive and negative impact of the analyzed indicators on the value of the company creates a basis for the optimal use of available funds, strengthening the competitive position, and meeting the information needs of all internal and external stakeholders.https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2025/0350-21202553109V.pdfcompany valueindicatorswestern europe |
| spellingShingle | Vuković Bojana Peštović Kristina Saković Dušan Ilić Teodora Company value analysis: Empirical evidence from Western Europe Anali Ekonomskog fakulteta u Subotici company value indicators western europe |
| title | Company value analysis: Empirical evidence from Western Europe |
| title_full | Company value analysis: Empirical evidence from Western Europe |
| title_fullStr | Company value analysis: Empirical evidence from Western Europe |
| title_full_unstemmed | Company value analysis: Empirical evidence from Western Europe |
| title_short | Company value analysis: Empirical evidence from Western Europe |
| title_sort | company value analysis empirical evidence from western europe |
| topic | company value indicators western europe |
| url | https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2025/0350-21202553109V.pdf |
| work_keys_str_mv | AT vukovicbojana companyvalueanalysisempiricalevidencefromwesterneurope AT pestovickristina companyvalueanalysisempiricalevidencefromwesterneurope AT sakovicdusan companyvalueanalysisempiricalevidencefromwesterneurope AT ilicteodora companyvalueanalysisempiricalevidencefromwesterneurope |