MACROECONOMIC AND FINANCIAL PERFORMANCE: AN EMPIRICAL ANALYSIS OF AIRBUS COMPANIES IN UNITED KINGDOM
- Money supply,
- return on assets,
- Firm leverage
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Copyright (c) 2023 Open Access Journal of Management Sciences Research
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This study examined the effect of macroeconomic on financial performance of Airbus companies in United Kingdom using money supply as the independent variable while return on assets 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 annual accounts of the company, World Bank and OECD indicators from 1999 to 2022. Multiple regression analysis was used to test the hypotheses. From the analysis, the study found that money supply has a positive and significant effect on the financial performance of Airbus companies in United Kingdom. Based on the finding, the study proffers that financial institutions should pay special attention to the broad money supply by manipulating, among other things, instruments such as the liquidity ratio and the reserve ratio, which directly affect the monetary aggregate, in order to improve the performance of companies.