首页> 外文期刊>Journal of business and economic perspectives >An Examination Of The Financial Profilesof Those Firms Identified As Making The Highestrncapital Investments During Arnperiod Of Recession And Slow Economic Recovery
【24h】

An Examination Of The Financial Profilesof Those Firms Identified As Making The Highestrncapital Investments During Arnperiod Of Recession And Slow Economic Recovery

机译:对那些在衰退和经济复苏缓慢期间被确定为进行最高资本投资的公司的财务状况的检查

获取原文
获取原文并翻译 | 示例
           

摘要

The period from March 2001 to November 2001 has been identified as an economic recession in the United States, and a long period of slow recovery followed. It is expected that firms and investors would become more optimistic about future business after determining that the recession had ended, and the country entered into a period of economic recovery. However, capital investment continued to decline in 2002, and only began to pick up very slowly in 2003. On the national level total capital spending did not return to the pre-recessionary levels that occurred in the decade of 1990 's, and in a general sense, it is not logical to commit funds to capital investments, or research and development during such periods. However, during the aforementioned period of recession and slow recovery there were many firms that actually increased their capital spending to a greater level than they had invested in the previous decade. The purpose of this paper is to investigate the financial characteristics of those firms that increased their capital spending during that period when total capital spending on a national level was actually falling. In this study the financial profiles of companies identified as the highest capital investors during that period are compared to firms chosen at random, but from the same industries. Significant differences were found in their financial characteristics. A unique financial profile is established for the group identified as being the heaviest capital investors during that period, and it is suggested that the profile may be used to predict firms that may be inclined to lead in capital investing in such periods in the future.
机译:2001年3月至2001年11月这段时间被确定为美国的经济衰退期,随后出现了长期缓慢的复苏。预计企业和投资者在确定衰退已经结束并且该国进入经济复苏时期后,会对未来的业务更加乐观。但是,资本投资在2002年继续下降,直到2003年才开始缓慢回升。在国家一级,总资本支出并未恢复到1990年代十年前的衰退前水平。从一般意义上讲,在此期间将资金用于资本投资或研发是不合逻辑的。但是,在上述经济衰退和复苏缓慢的时期,许多公司实际上将其资本支出增加到了比前十年更大的水平。本文的目的是调查那些在全国范围内的总资本支出实际下降的时期内增加了资本支出的公司的财务特征。在本研究中,将在此期间被确定为最高资本投资者的公司的财务状况与从同一行业中随机选择的公司进行比较。在财务特征上发现了显着差异。对于在那个时期被确定为最重要的资本投资者的集团,建立了独特的财务概况,建议可以使用该概况来预测将来可能会在这些时期引领资本投资的公司。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号