Ranking Corporate Characteristics for Pharmaceuticals Profitability Using Logit Model
*Corresponding Author:Received Date: Feb 09, 2023 / Published Date: May 10, 2023
Citation: Pokharel PR (2023) Ranking Corporate Characteristics for Pharmaceuticals Profitability Using Logit Model. J Mol Pharm Org Process Res 11: 165.
Copyright: © 2023 Pokharel PR. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution and reproduction in any medium, provided the original author and source are credited.
Abstract
This paper reveals the result of opinion survey analysis regarding the corporate characteristics for pharmaceuticals profitability based on questionnaire survey of 209 respondents. Among the corporate characteristics factors, the most important corporate characteristics factor appeared to be the new products while the least important ones appeared to be in bound logistics, firm infrastructure, HRM and out bound logistic. Likewise, among the impact factors for pharmaceuticals growth, the most important impact factor was the stiff competition with foreign companies whereas infrastructural investment and management expertise were the least important ones. Logit model shows that among the corporate characteristics factors, new product has the highest odds ratio whereas among the macroeconomic factors, interest rate has the odds ratio while explaining the profitability of pharmaceuticals companies.