标题：Study on the Correlation Between Working Capital and Economic Value Added for the Companies relating to the Hotel and Restaurant Industry Listed on the Bucharest Stock Exchange
期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2020
卷号：20
期号：1
页码：838-844
语种：English
出版社：Ovidius University Press
摘要：In the present study was determined the influence of the value change of the working capital on the variation of the economic value added indicator on a sample consisting of a number of 26 companies (2007-2017) belonging to the hotel and restaurant industry, listed on the Bucharest Stock Exchange.The correlation between the indicators was achieved by using the multiple linear regression method. The study showed that there is a strong link between the two economic indicators, over 80% of the change in economic value being explained by the change in working capital. It was found that a 1% increase in working capital, for the period 2007-2017, had the effect of increasing the economic value added by 0.38%.
关键词：working capital;economic value added;multiple linear regression;financial performance
