The relationship between investment intensity and profitability measures from the perspective of foreign investors

Descriptive statistics

Table 3 describes the statistics of all variables in the GCC countries in this study.

Table 3 shows that the mean EBITDA (1.437) is higher than the mean EBIT (1.291). The results of EBITDA and EBIT indicate that the overall financial performance of firms in GCC countries is quite high. However, the behaviors of EBITDA and EBIT are the same in all GCC countries. The mean investment intensity is 36.875, indicating that the expenditure on capital is high in GCC firms in the non-financial sector. Concerning the size of the firm,…