Abstract
Purpose: The objective of this research is to analyze past performance statistics and make projections about the financial future. This study examines the potential for the cement industry to address national challenges and meet societal needs, while simultaneously enhancing shareholder value.
Design/Methodology/Approach: The financial performance of cement sector is analyzed by applying the multiple regression with help of SPSS and E views from 2012 to 2021 years.
Findings: The study provides valuable insights into the factors influencing ROI for the given dataset, allowing managers and investors to make informed decisions about financial strategies. However, the results are based on the specific dataset and should be interpreted within that context.
Implications/Originality/Value: The study suggests that businesses should maintain a strong financial position, manage assets and liabilities efficiently, and focus on profitability to improve ROI. Future research directions include longitudinal analysis, industry-specific analysis, macro-economic factors, qualitative factors, and risk assessment. Limitations include data limitations, causality, external factors, sample size and selection bias, model complexity, limited ratios, external validity, and the changing business environment.
Publisher
CSRC Publishing, Center for Sustainability Research and Consultancy
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