Academicus International Scientific Journal

Title:
Factors Affecting Profitability of Insurance Companies. Evidence from Kosovo  

Author(s):
Doctoral Candidate Yllka Ahmeti
yllka.ahmeti@bqk-kos.org
Central Bank of the Republic of Kosovo
0000-0003-3000-9703
Dr. (PhD) Etem Iseni
etem.iseni@unite.edu.mk
University of Tetovo, North Macedonia
0000-0002-0516-208X

Abstract:

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.


Keywords:
profitability; return on assets; net profit margin; liquidity; leverage;

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Licensing:   Creative Commons License
The article's content ©Academicus™ Factors Affecting Profitability of Insurance Companies. Evidence from Kosovo by Doctoral Candidate Yllka Ahmeti , Prof.Dr. Etem Iseni is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Presented: September 2021
Included for Publishing: December 2021
Published: January 2022, Volume 13, Issue 25

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