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Modelling the employment structure in public companies for a small sample

Waldemar Tarczyński ,  Mirosława Gazińska 

University of Szczecin, Faculty of Economics and Management (US), ul. Mickiewicza 64, Szczecin 71-101, Poland

Abstract

The key success factor in an enterprise operating in the market economy is an optimum employment level and its productivity, e.g. measured with total revenues per employee. An interesting issue is whether labour efficiency affects economic and financial performance of the company and the whole market. In the case of any statistical regularities concerning this issue, it is necessary to allow for the variables related to employment, e.g. in the analyses of listed companies. Those variables can increase the efficiency of investment in terms of the expected rate of return on investment. This subject matter is of particular importance in Po-land where the ownership transformations and transition to market economy have resulted in major changes in employment in individual companies. The paper provides an analysis of the structure of companies by their group labour productivity in homogenous groups of listed companies, so-called megasectors, in relation to their economic and financial condition. At present, plenty of research strives to find statistical methods which would avoid the limiting assumptions underlying classical methods. In this paper one of such methods is presented – the bootstrap method, which will be related to the estimation of group labour productivity in relation to financial and economic condition of listed companies where classical assumptions cannot be accepted.

 

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Related papers

Presentation: Poster at First International Conference Quantitative Methods in Economics, Poster session, by Waldemar Tarczyński
See On-line Journal of First International Conference Quantitative Methods in Economics

Submitted: 2009-01-30 10:35
Revised:   2009-06-07 00:48