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Determining Some Factors of the Financial Situation in the European Union Publishing Sector Cover

Determining Some Factors of the Financial Situation in the European Union Publishing Sector

Open Access
|Mar 2018

Abstract

The publishing sector is probably a cultural industry with one of the greatest economic projections due to its huge turnover and contribution to the Gross Domestic Product of countries. In order to gain a better understanding of this sector, this paper examines a sample of the most important companies belonging to this sector in the European Union, focusing on studying their economic-financial profile. In order to achieve this, multivariate statistical techniques are used to create indicators on the evolution of the main variables and financial ratios of these companies over recent years. The specific objectives are: to summarise the information in a smaller number of factors, which in turn enable us to construct a robust and reliable synthetic indicator; and investigate the relationship between the constructed index and different variables such as company age, size and localisation. The changes experienced in this sector are reflected in the obtained results and provide a richer understanding of cultural industries.

DOI: https://doi.org/10.2478/revecp-2018-0002 | Journal eISSN: 1804-1663 | Journal ISSN: 1213-2446
Language: English
Page range: 25 - 43
Submitted on: Jul 3, 2017
Accepted on: Jan 18, 2017
Published on: Mar 20, 2018
Published by: Mendel University in Brno
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2018 José Ángel Sanz, Ana María Bedate, Mariano Durántez, published by Mendel University in Brno
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.