28.11.2023
SALESFORCE.COM, INC.
THE BANK OF NOVA SCOTIA Stock The Bank of Nova Scotia
29.11.2023
PROSUS N.V.
SYNOPSYS INC.
PALO ALTO NETWORKS, INC.
30.11.2023
ROYAL BANK OF CANADA
THE TORONTO-DOMINION BANK
VMWARE, INC.
01.12.2023
BANK OF MONTREAL
07.12.2023
BROADCOM INC
LULULEMON ATHLETICA INC.
13.12.2023
ADOBE INC.
INDITEX
14.12.2023
ORACLE CORPORATION
COSTCO WHOLESALE CORPORATION
19.12.2023
ACCENTURE PLC
FEDEX CORPORATION
20.12.2023
MICRON TECHNOLOGY, INC.
21.12.2023
NIKE, INC.
Our data set currently covers 21 countries. We intend to onboard another 9 countries by the end of the year. Most of them will be emerging markets, a few European. If you are interested to learn more about a specific country, let us know.
At present, we employ three measures of corporate performance: economic profit, interest coverage ratio (ICR), and the Altman Z’’-score. We intend to expand our range of measures by considering additional approaches for zombie identification. Some promising methodologies for this purpose include those proposed by Adalet McGowan et al. (2017), Storz et al. (2017), and Favara et al. (2021). Additionally, we will explore alternative indicators of financial distress, such as Ohlson's O-score, Merton's distance-to-default, and sovereign credit ratings.
Although we currently take inflation into account when assessing economic profit and generating thought leadership content, we intend to enhance our data extraction process by automatically incorporating a GDP deflator. This will provide users with the ability to consider changes in the price level when analyzing corporate performance data.
The "Our Insights" section contains research highlighting applications of the Crux of Capitalism data. We aim to expand this section continuously to offer detailed analyses of a particular research question related to corporate performance. The upcoming thought leadership piece will explore how examining the economy through the lens of economic profit can add value.