Title: Economic performance of Italian plastic manufacturers between the two international crises

Authors: Veronica De Blasio; Guido Migliaccio

Addresses: Department of Law, Economics, Management and Quantitative Methods (DEMM), University of Sannio, Via delle Puglie, 82, (82.100) Benevento (Bn), Italy ' Department of Law, Economics, Management and Quantitative Methods (DEMM), University of Sannio, Via delle Puglie, 82, (82.100) Benevento (Bn), Italy

Abstract: The current article examines the evolution of the economic performance of Italian plastic producers in the decade characterised by the effects of the global financial crisis and the restrictions related to the environmental effect that derive from plastic. The study highlights the increase in profitability after the economic and financial crisis (2008), despite the lower values recorded in the years 2012-2013 in which the crisis, in Italy, had a revival. On the other hand, this situation is homogeneous throughout the country, in fact the statistical tests ANOVA and Tuckey Kramer do not reveal significant differences between macro-geographical areas. The growing profitability could encourage the self-financing needed for the restructuring that will be induced by the recent European legislation aimed at eliminating many plastic products considered harmful to the ecological environment.

Keywords: analysis of financial statements; ratios; profitability; performance; crisis; plastic market policies.

DOI: 10.1504/IJMFA.2021.120521

International Journal of Managerial and Financial Accounting, 2021 Vol.13 No.3/4, pp.279 - 316

Received: 20 Mar 2021
Accepted: 25 Jul 2021
Published online: 24 Jan 2022 *

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