Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2019.01.027 |
Energy companies and sizes: An opportunity? Some empirical evidences | |
Iovino, Felicetta; Migliaccio, Guido | |
2019-05-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 128页码:431-439 |
文章类型 | Article |
语种 | 英语 |
国家 | Italy |
英文摘要 | The wave of privatization and liberalization that since 1999 has characterized the European energy market has radically transformed the energy sector. The European Directives have allowed the entry of a plurality of new operators alongside the former monopolist. In this sense, the paper will pose two research questions: are there differences or similarities between the financial performance of large companies and those of small and medium-sized energy companies? What are the main reasons for such analogies? At this aim the analysis of the main financial ratios, a descriptive statistics analysis and ANOVA (one-way) have been used. The financial structure has been assessed using different ratios: quick ratio, debt to equity ratio, asset turnover ratio, ROS, ROA and ROE. The findings show that the size of energy suppliers do not significantly affect the performance of energy companies. Moreover, these factors do not produce statistically significant differences in the financial structure of energy companies. The main policy implication of the paper is the description and analysis of the performances of energy companies in a country regarding size may stimulate the entry of additional operators into the market, increasing competition and improving the service offered, which are the main objectives of the liberalization processes. |
英文关键词 | Energy companies Finance Performance Ratios SME ROE |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000463688800041 |
WOS关键词 | KNOWLEDGE MANAGEMENT ; SMES ; ENTERPRISES ; BUSINESS ; PRODUCTIVITY ; PERFORMANCE ; INNOVATION ; POLICY ; CONTEXT |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/182747 |
专题 | 气候变化 |
作者单位 | Univ Sannio, Dept Law Econ Management & Quantitat Methods, Via Puglie 82, I-82100 Benevento, Italy |
推荐引用方式 GB/T 7714 | Iovino, Felicetta,Migliaccio, Guido. Energy companies and sizes: An opportunity? Some empirical evidences[J]. ENERGY POLICY,2019,128:431-439. |
APA | Iovino, Felicetta,&Migliaccio, Guido.(2019).Energy companies and sizes: An opportunity? Some empirical evidences.ENERGY POLICY,128,431-439. |
MLA | Iovino, Felicetta,et al."Energy companies and sizes: An opportunity? Some empirical evidences".ENERGY POLICY 128(2019):431-439. |
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