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Wine Company Analysis In “The New World” And “The Old World”, Jiaji Liang
Wine Company Analysis In “The New World” And “The Old World”, Jiaji Liang
Theses and Dissertations--Agricultural Economics
There is a growing global market for wine. In our research, we mainly examine wine companies from four countries: France, Italy, the U.S. and China. Data used in this analysis comes from the 2010 to 2013 Plimsoll Top 500 report, focusing on wine companies’ financial performance. The primary goal is to identify which factors may have significant influence on the firms’ profitability. Two-way fixed effects panel data analysis indicates that the firm’s shareholders’ funds in total asset have significant and positive effect on companies’ yearly profit. The results suggest that four years could be a reasonable period for most wine …