Pregled bibliografske jedinice broj: 1071911
The Impact of Digitalization on Croatian Listed Companies’ Corporate Performance Measured with Tobin’s Q
The Impact of Digitalization on Croatian Listed Companies’ Corporate Performance Measured with Tobin’s Q // Proceedings of the 4th international scientific and professional conference Contemporary Issues in Economy&Technology - CIET 2020 / Kovačević, Tonko ; Akrap, Ivan (ur.).
Split: Sveučilišni odjel za stručne studije Sveučilišta u Splitu, 2020. str. 29-37 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
CROSBI ID: 1071911 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The Impact of Digitalization on Croatian Listed
Companies’ Corporate Performance Measured with
Tobin’s Q
Autori
Pavic Kramaric, Tomislava
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
Proceedings of the 4th international scientific and professional conference Contemporary Issues in Economy&Technology - CIET 2020
/ Kovačević, Tonko ; Akrap, Ivan - Split : Sveučilišni odjel za stručne studije Sveučilišta u Splitu, 2020, 29-37
ISBN
978-953-7220-52-5
Skup
4th Contemporary Issues In Economy & Technology (CIET 2020)
Mjesto i datum
Split, Hrvatska, 29.05.2020
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
digitalization, listed companies, performance, Tobin’s Q
Sažetak
This paper investigates the impact of digitalization on performance of Croatian listed companies while digitalization represents higher investments in information and communication technologies (ICT). Since the sample comprises Croatian firms listed on the official market of Zagreb Stock Exchange (ZSE) Tobin’s Q is employed as a performance measure. Besides independent variable on digitalization, other control variables are encompassed with the analysis. Specifically, several firm- specific and macroeconomic control variables comprise size of the company measured with both total assets and number of employees, leverage, and GDP per capita growth. Empirical research is conducted using static panel analysis on the sample of companies from different sectors that were listed on ZSE in 2014 – 2018 period. The findings of the analysis reveal two statistically significant factors determining firm’s success measured with Tobin’s Q. Specifically, size of the company measured with total assets negatively affects performance whereas leverage has positive impact. Moreover, there is no evidence of digitalization playing an important role in Croatian listed companies regarding their performance.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Sveučilište u Splitu Sveučilišni odjel za stručne studije
Profili:
Tomislava Pavić Kramarić
(autor)
