THIS DOI METADATA WAS LAST UPDATED: 2022-01-17 01:37
Full Title (English)
Academicus International Scientific Journal
Publisher
Academicus International Scientific Journal
ISSN
20793715 (Printed Journal)
23091088 (Online Journal)
Journal Volume Number
25
Journal Issue Date (YYYY/MM)
2022/01
Full Title (English)
Factors Affecting Profitability of Insurance Companies. Evidence from Kosovo
By (author)
Affiliation
Central Bank of the Republic of Kosovo, PhD Candidate
ORCID
https://orcid.org/0000-0003-3000-9703
Affiliation
University of Tetovo, Northern Macedonia, Prof.Dr.
ORCID
https://orcid.org/0000-0002-0516-208X
Number of Pages
21
First Page
122
Last Page
142
Language of text
English
Publication Date
2022/01
Copyright
2022 Academicus
Main description
Profitability expresses the ability to make a profit from all the business activities of the company. It shows how efficiently management generates profit by utilizing all available resources. This paper examined the effects of specific company factors, namely independent variables such as: liquidity, company size, company age, tangible asset, leverage, company capital and growth of com-pany, on profitability represented by return on assets (ROA) and net profit margin (NPM) as a dependent variable. The sample in this study includes eleven insurance companies for the period 2015 - 2020. The regression results indicate that size, leverage and age of company, have significant effects on the ROA. Meanwhile in NPM of insurance companies in Kosovo size of company and firm growth have significant effects.
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