THE EFFECTS OF INVESTMENTS IN PERMANENT ASSETS ON EMPLOYMENT AND SALARIES BY ENTERPRISE SIZE
DOI:
https://doi.org/10.56362/Rev2298007BKljučne reči:
large, medium, small, and micro-enterprises, financial liabilities, capital, SerbiaApstrakt
This work aims to identify the impact of investments in permanent assets and the sources of these investments on the increase of employment and employee salaries by the size of enterprises. We draw the data from the Financial Statements Annual Bulletin published by the Serbian Business Registers Agency. The data set spans the period from 2014 to 2020. The results show a high, positive, and statistically significant correlation between investments in permanent assets and employees in large, medium, and micro-enterprises. There is a high, positive, and statistically significant correlation between salaries and investments in permanent assets in all group sizes. Long-term liabilities are a substantial source of financing investments in permanent assets in medium, small, and micro-enterprises.
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