publication . Article . Other literature type . 2015

Does productivity affect profitability in dairy processing industry? Evidence from Slovenia, Croatia and Serbia

Muminović, Saša; Aljinović Barać, Željana;
Open Access English
  • Published: 01 Nov 2015 Journal: Mljekarstvo, volume 65, issue 4, pages 269-279 (issn: 1846-4025, Copyright policy)
  • Publisher: Croatian Dairy Union
Abstract
This paper provides insights into productivity in dairy processing companies in Slovenia, Croatia and Serbia. The aim is to find out whether EBITDA per employee, as a measure of overall productivity as well as labour and capital productivity and their management positively affect company’s profitability. Literature review shows that this issue was relatively neglected, although increase in productivity is regarded as the most important factor in maintaining a competitive advantage in most developed countries. Results obtained show that comprehensive measure of productivity EBITDA per employee has statistically significant positive impact on company’s profitabili...
Persistent Identifiers
Subjects
free text keywords: dairy processing industry, profitability, productivity, cost efficiency; cost competitiveness, dairy processing industry; profitability; productivity; cost efficiency; cost competitiveness, industrija prerade mlijeka; profitabilnost; produktivnost; troškovna učinkovitost; troškovna konkurentnost, lcsh:Dairying, lcsh:SF221-250
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