Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and Serbia

This paper provides insights into productivity in dairy processing companies in Slovenia, Croatia and Serbia. The aim is to find out whether EBITDA per employee, as a measure of overall productivity as well as labour and capital productivity and their management positively affect company’s profitabi...

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Main Authors: Saša Muminović, Željana Aljinović Barać
Format: Article
Language:English
Published: Croatian Dairy Union 2015-11-01
Series:Mljekarstvo
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=218028
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author Saša Muminović
Željana Aljinović Barać
author_facet Saša Muminović
Željana Aljinović Barać
author_sort Saša Muminović
collection DOAJ
description This paper provides insights into productivity in dairy processing companies in Slovenia, Croatia and Serbia. The aim is to find out whether EBITDA per employee, as a measure of overall productivity as well as labour and capital productivity and their management positively affect company’s profitability. Literature review shows that this issue was relatively neglected, although increase in productivity is regarded as the most important factor in maintaining a competitive advantage in most developed countries. Results obtained show that comprehensive measure of productivity EBITDA per employee has statistically significant positive impact on company’s profitability, the same as productivity management components labour cost competitiveness and capital productivity.
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issn 0026-704X
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publishDate 2015-11-01
publisher Croatian Dairy Union
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series Mljekarstvo
spelling doaj-art-cdaba3bde08c4b0ea698cf99e34fd26a2025-08-20T03:04:59ZengCroatian Dairy UnionMljekarstvo0026-704X1846-40252015-11-0165426927910.15567/mljekarstvo.2015.0407Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and SerbiaSaša Muminović0Željana Aljinović Barać1Julon d.o.o., Ljubljana, Slovenia, Member of the Aquafil Group, Letališka cesta 15, 1000 Ljubljana, SloveniaUniversity of Split, Faculty of Economics, Cvite Fiskovića 5, 21000 Split, Croatia This paper provides insights into productivity in dairy processing companies in Slovenia, Croatia and Serbia. The aim is to find out whether EBITDA per employee, as a measure of overall productivity as well as labour and capital productivity and their management positively affect company’s profitability. Literature review shows that this issue was relatively neglected, although increase in productivity is regarded as the most important factor in maintaining a competitive advantage in most developed countries. Results obtained show that comprehensive measure of productivity EBITDA per employee has statistically significant positive impact on company’s profitability, the same as productivity management components labour cost competitiveness and capital productivity.http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=218028dairy processing industryprofitabilityproductivitycost efficiency; cost competitiveness
spellingShingle Saša Muminović
Željana Aljinović Barać
Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and Serbia
Mljekarstvo
dairy processing industry
profitability
productivity
cost efficiency; cost competitiveness
title Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and Serbia
title_full Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and Serbia
title_fullStr Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and Serbia
title_full_unstemmed Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and Serbia
title_short Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and Serbia
title_sort does productivity affect profitability in dairy processing industry evidence from slovenia croatia and serbia
topic dairy processing industry
profitability
productivity
cost efficiency; cost competitiveness
url http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=218028
work_keys_str_mv AT sasamuminovic doesproductivityaffectprofitabilityindairyprocessingindustryevidencefromsloveniacroatiaandserbia
AT zeljanaaljinovicbarac doesproductivityaffectprofitabilityindairyprocessingindustryevidencefromsloveniacroatiaandserbia