a method of categorizing companies according to size for the purposes of government statistics. Divisions are typically microbusiness, small business, medium-sized business, and large-sized business.
Firm size has become such a routine to use as a control variable in empirical corporate finance studies that it receives little to no discussion in most research papers even though not uncommonly it is among the most significant variables. This paper's goal is to provide rationale for one of...
The authors have studied the dynamics of firm size in a repeated Cournot game with unknown demand function. The firm was modeled as a type of artificial neural network. Each period it must learn to map environmental signals to both demand parameters and its rival's output choice. But this learning...
This paper analyses the role of firm size as a determinant of customs-related transaction costs, as well as the effect of firm size on the relationship between these costs and the international trade intensity of firms. It submits that economies of scale should be related to the size of the...
This paper examines the relationship between firm size, competitive strategy and performance, for the long-lived small firm. It uses structural modeling to test the hypothesis that small firms need to remain small if they are to be long-lived. In a three equation simultaneous model, performance, size and the dimensions of...
This paper presents a unifying theory, explaining the different relationships between firm size and export intensity that have been found in previous studies. It proposes that transaction costs economies and different types of resources induce a moderating effect on the firm size and export intensity relationship. Data on international businesses...
This paper empirically explores the impact of corporate and personal taxes on the size distribution of business firms. Based on a stylized model of new firm creation and diversity of an economy, one hypothesize that much of the tax burden of corporate and dividend taxation falls on the creation of...
Many studies have shown that small firms generate more patents per R&D dollar than large firms. Does this mean that small firms are more efficient innovators than large firms? This paper exploits a unique data set to reexamine the firm size-innovation relationship. Because firm-reported R&D expenditures may be a biased...
The authors have studied the role of Employment Protection Legislation EPL in determining firm size distribution. In many countries the provisions of EPL are more stringent for firms above certain size thresholds. A simple model is constructed that shows that the smooth relation between size and growth probability is interrupted...
In order to incorporate FDI Foreign Direct Investment factors for different MNEs, industries and countries, a unique dataset that includes country-, industry- and firm-level data is constructed. This approach avoids the aggregation or disaggregation problem by considering several levels of data simultaneously in to the analysis. This paper analyses two...
This paper studies the extent to which decisions to expand firm size are associated with increases in subsequent Chief Executive Officer CEO compensation. Controlling for past stock performance, it finds a positive correlation between CEO compensation and the CEO's past decisions to increase firm size. This correlation is economically meaningful;...
This paper investigates how enforcement of labor regulation affects the firm's use of informal labor, firm size and firm performance. Using firm level data on employment, capita, and output, census data on informal employment at the city level, and administrative data on enforcement of regulation at the city level, it...
This paper explains the importance of foodservice managers' and organizational members' involvement in the implementation of strategy. The study assesses the direct and moderating effects of managers' perception of environmental complexity and firm size on level of involvement during strategy implementation. Findings indicate that firms operating in an environment of...
This paper is an empirical investigation of the relationships between firm size, competitive strategy, competitive forces and financial performance in the United States (U.S.) upholstered, wood household furniture industry. Based on an analysis of data collected in a national survey of manufacturers, it appears that only the intensity of rivalry...
This paper empirically examines how technology and capital intensity are related with the firm's global sourcing decision. Firm-level data are derived from a survey covering all manufacturing industries in Japan without any firm-size threshold. Firms are disaggregated by their make-or-buy decision (in-house or outsourcing) and by their choice of sourcing...
The publicity machine, an enterprise that just about matches the size of the aircraft itself, has covered just about every thing you will need to know about the Airbus A380. The 16 customers, who have signed up with 159 firm orders, at the time of wr ...
The paper investigates the differences between small, medium-sized and large firms regarding their performance in the introduction of new products and processes. After a review of the relevant literature, two models are proposed and tested in search for different business strategies and innovation inputs connected to product and process innovations....
Byline: SHAWN A. TURNER With assets of about $1 billion, firm inches closer to CEO's goal of super-size community institution Daniel E. Klimas' desire to create a super-size community bank is taking his LNB Bancorp Inc. well beyond the borders o ...
The literature on firm exporting behaviour has established that both sunk-cost of exports and firm characteristics, such as size and productivity matter. In this paper we provide fresh evidence on the actual barriers to exporting firms face and how they vary with export experience and other firm-level characteristics. Our results...
This study investigates the differences in compensation between outsider CEOs and insider CEOs from three dimensions: pay level, pay and performance link, and pay mix. Article show: (1) outsider CEOs are paid more than insider CEOs, (2) pay and performance link is very weak for outsider CEOs, and (3) compensation...
The productivity impact of innovation is investigated in this paper combining neo-Schumpeterian insights on the variety of innovation, with the importance of industrial structures and firm size; two models are proposed for explaining productivity and export success in European manufacturing industries and firm size classes. The econometric results, obtained adopting...
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