The Impact Of Liquidity On Firm Profitability: Case Of Tunisia

Mohamed Aymen Ben Moussa

Ph D Finance ; faculty of economic sciences and management of Tunis ; University el Manar

Hedi trabelsi

Professor in Quantitative methods ; faculty of economic sciences and management of Tunis , Univerity of Manar

Keywords: Liquidity, Profitabilit, Firm, Dynamic Panel


Abstract

Liquidity and profitability are important in the finance of firm . The objective of firm is to increase his profitability . but the level of liquidity is important to meet their obligations and make new investments . In this article we studied the impact of liquidity of profitability of firm in Tunisia context . We used a sample of 30 firms quoted for the period ( 2016-2021) . By applying a dynamic panel ; we found that liquidity has a significant  impact on firm profitability .