EFFECT OF MACROECONOMIC DETERMINANTS ON FINANCIAL PERFORMANCE OF AIRBUS COMPANY IN UNITED KINGDOM
- Interest rate,
- Inflation rate,
- Return on assets
How to Cite
Copyright (c) 2023 Open Access Journal of Management Sciences Research
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
How to Cite
This study ascertained the effect of macroeconomic on financial performance of Airbus companies in United Kingdom. Specifically, the study ascertained the effect of; interest rate and inflation rate on financial performance of Airbus companies in United Kingdom. Ex Post Facto and time series data were adopted for the study. Data were extracted from the International Monetary Fund, and the annual financial reports of the Airbus Company in United Kingdom (UK) from 1999 to 2022. The study employed multiple regression analysis to test the two formulated hypotheses. The study found that interest rates have a significant negative effect on the financial performance of Airbus companies in United Kingdom; while inflation has a positive and insignificant effect on the financial performance of Airbus companies in United Kingdom. The study thus recommended that interest has a negative effect on the economic results of Airbus companies in the UK; the government has been advised to control interest rates through macroeconomic regulators depending on fluctuations in inflation levels, which will significantly contribute to the ability of corporate firms to provide financial intermediation services efficiently and sustainably.