THE EFFECT OF FINANCIAL CRISIS ON COMPANY’S PERFORMANCE (CROSBI ID 172158)
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Belak, Vinko ; Aljinović Barać, Željana
engleski
THE EFFECT OF FINANCIAL CRISIS ON COMPANY’S PERFORMANCE
The global financial crisis has affected performance of the companies all over the world. The objective of this paper is to research the impact of the crisis on company’s performance. Verification of empirical evidence will be provided through the sample of 25 Croatian listed companies whose stocks are included in official Zagreb Stock Exchange share index – CROBEX, and company’s financial performance is measured by BEX index. In the research performance of selected companies before (i.e. in year 2007) and during the ongoing financial crisis (i.e. in year 2010) are considered. Different parametric and non-parametric statistical test for the paired sample were applied, and results indicate that financial crisis has no significant effects on companies’ performance.
Financial crisis; company's performance; BEX index
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