Title: Assessing the performance of a multinational firm of the clothing and footwear processing sector
Authors: Kostantinidis Christos; Giovanis Nikolaos; Dolkas Christos
Addresses: School of Business Administration, International Hellenic University, Serres, Greece ' School of Business Administration, International Hellenic University, Serres, Greece ' School of Business Administration, International Hellenic University, Serres, Greece
Abstract: This paper aims to study the economic performance of a multinational firm, member of one of the largest groups of the clothing and footwear industry in terms of market share, sales and turnover. The estimation of the performance takes place with the use of ratios such as return on equity, return on assets, liquidity, etc. The main results show that despite the existing problems occurring from the fluid economic environment the studying firm succeeded satisfied levels of liquidity, return on assets and return on equity.
Keywords: performance; liquidity; return on assets; ROA; ratios; processing industry.
International Journal of Critical Accounting, 2021 Vol.12 No.3, pp.179 - 186
Received: 05 Nov 2020
Accepted: 11 Feb 2021
Published online: 20 Jul 2021 *