Title: IMPACT OF FINANCIAL INFORMATION ON THE GLOBAL PHARMACEUTICAL MARKET INVESTMENTS
Abstract: The issue in this paper refers to the ability of the information contained financial indicators to contribute to a company's managerial decisions and, in particular, those investments. The effect of financial information provided by financial statements on performance and investment capacity has always been the central reason for the existence of companies. Therefore, the aim of the paper is to capture the impact of financial indicators essential for the development of a business (net income, total assets, net debt, capital expenditures, cash for financing activities) on short-term investments of the most profitable companies in the pharmaceutical industry of the world during the analysis period of 2014. In this respect, using the platform Thomson Reuters, I selected 145 companies worldwide that match this sector. In order to analyze the feasibility of investing of the most representative companies in the pharmaceutical industry worldwide, I used a multiple regression model. The evolution of indicators showed that shortterm investments depended on a more or less of them. Thus the impact of selected financial indicators together on short term investments proved to be stronger than the impact of each financial indicator in part on the explained variable. This can be explained by the fact that between economic and financial indicators used there is a relationship of interdependence.
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: article
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