The Impact of Turbulent Environment on Firm Performance: A Study on Omani Industrial Companies

Abstract

The main purpose of this paper is to examine the effect of turbulent environment on the financial and market performance of the industrial companies listed on Muscat Securities Market during the period 2010-2014. The turbulent environment is measured by the growth of sales of a company, while the financial performance is measured by net profit margin and return on equity. The market performance is measured by market fair value of a share. The findings of the study indicate that there is a positive significant impact of turbulent environment on the financial performance of a company, but does not have effect on its market performance.