Analysis of the relationship between reliance on government business and financial condition of defense firms
Abstract
The purpose of this thesis was to determine if a relationship existed between a defense firm's reliance on government business for revenue and the financial condition of the defense firm. Financial data on 37 defense firms were collected for the period 1983 to 1992. Nine financial ratios were used to measure financial condition and the percentage of total revenue attributed to government business was used to measure reliance on government business. Regression and tests for differences between group means were the methods used to determine if a relationship existed. The results of the tests performed did not provide sufficient, convincing evidence that there was a direct relationship between reliance on government business and financial condition of defense firms. The few tests that proved to be statistically significant showed that government business had a slight positive impact. These relationships were strongest when defense spending was increasing.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.Collections
Related items
Showing items related by title, author, creator and subject.
-
An analysis of the relationship between the financial condition of major defense contractors and DoD spending.
Vormbrocke, Michael Joseph (Monterey, California. Naval Postgraduate School, 1991-12);The purpose of this thesis is to examine the relationship between the financial condition of defense contractors and the amount of Department of Defense spending from 1975 to 1990. The sample for this study consists of ... -
Fundamental dimensions of Financial condition in the federal government
Murphy, Mark S. (2001-06);Historically, financial reports of federal agencies focused on budgetary accounting, the reporting of obligations and expenditures of appropriated funds. The Chief Financial Officers (CFO) Act of 1990 and subsequent ... -
The potential impact of the government's Buy commercial policy on small business.
Woods, Willie E. (Monterey, California. Naval Postgraduate School, 1979-03);This thesis examines the Federal Government's decision to shift from almost total reliance on Government Specifications and Standards to a greater reliance on commercial off-the-shelf products and commercial specifications ...