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12.2% 169000 185M TOP 1% 154 6200

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Nguyễn Gia Hào

Academic year: 2023

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Table 2 reports summary statistics (mean) for the main variables used in this study. The mean for ROA is 3% in 2014 and 4.75% in 2017
Table 5 shows a considerable number of significant variables when the evaluation measure of performance used is ROA, considering the estimated model for Portuguese companies.
Table 7 demonstrates a positive relationship between CCC and ROA, differing from the relationship between these same variables for the sample of large Spanish companies.
Figure 2 depicts the multi-level diffusion and adoption of IFRS.
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