Date of Graduation
5-2015
Document Type
Thesis
Degree Name
Bachelor of Science in Business Administration
Degree Level
Undergraduate
Department
Economics
Advisor/Mentor
Cawthon, William M
Committee Member/Reader
Stapp, Robert B
Abstract
This thesis explores the financial performance of firms engaged in the production of luxury goods and services, as measured over a recessionary period. Specifically, it relates firms’ performance to the performance of the United States economy at large, as well as a control firm operating in a different market segment. This analysis revealed the comparatively poor performance of the luxury industry throughout the most recent recession. As economic conditions weakened firms within the luxury industry faced below-average earnings and profits.
Citation
Conroy, R. A. (2015). A Study on the Performance of the Luxury Industry during the Financial Crisis. Economics Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/econuht/15