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Information consumption and firm size. [PDF]
R Soc Open SciSocial and biological collectives exchange information through internal networks to function. Less studied is the quantity and variety of information transmitted. We characterize the information flow into organizations, primarily business firms. We measure online reading using a large dataset of articles accessed by employees across millions of firms ...
Lee ED +4 more
europepmc +4 more sources
Firm Size Distribution and Growth* [PDF]
Scandinavian Journal of Economics, 2003 Abstract Empirical documentation of the sectoral distribution of firm size for a set of European countries reveals substantial differences. We study the relationship between productivity growth at the industry level and size structure. A positive and robust relation is found between average firm size and growth. We ask why size should matter for growth
Fabiano Schivardi, Patrizio Pagano
exaly +4 more sources
Finance, Firm Size, and Growth [PDF]
Journal of Money, Credit and Banking, 2004 Although research shows that financial development accelerates aggregate economic growth, economists have not resolved conflicting theoretical predictions and ongoing policy disputes about the cross‐firm distributional effects of financial development.
Beck, Thorsten +3 more
openaire +8 more sources
On size and growth of business firms [PDF]
Physica A: Statistical Mechanics and its Applications, 2003 We study size and growth distributions of products and business firms in the context of a given industry. Firm size growth is analyzed in terms of two basic mechanisms, i.e. the increase of the number of new elementary business units and their size growth. We find a power-law relationship between size and the variance of growth rates for both firms and
Pammolli, Fabio +2 more
openaire +6 more sources
Sunk Costs, Firm Size and Firm Growth [PDF]
The Journal of Industrial Economics, 1995 For several decades, the conventional wisdom has been that expected firm growth rates are independent of firm size, a property known as Gibrat's Law. However, recent empirical work has found a negative relation between firm growth and firm size. This paper provides a theoretical explanation for this negative relation in a model of new firm growth where
openaire +1 more source
FIRM SIZE AND PRICING POLICY [PDF]
Bulletin of Economic Research, 2010 ABSTRACTWe relate pricing policy of firms to their size, where firm size is interpreted as the size of the clientele served by the concerned firm. We argue that a firm with a large clientele faces a more severe reputational backlash if it ‘reneges’, i.e., deviates from its earlier price offer.
openaire +1 more source
Cyclicality and Firm-size in Private Firm Defaults [PDF]
International Journal of Central Banking, 2017 The Basel II/III and CRD-IV Accords reduce capital charges on bank loans to smaller firms by assuming that the default probabilities of smaller firms are less sensitive to macroeconomic cycles. We test this assumption in a default intensity framework using a large sample of bank loans to private Danish firms. We find that controlling only for size, the
Jensen, Thais Lærkholm +2 more
openaire +3 more sources
Firm Size and the Quality of Entrepreneurs [PDF]
SSRN Electronic Journal, 2004 A theory is proposed where the pay policy and size of established firms are determined together with individual workers' entrepreneurship decision. The main results are twofold. First, taking the firm size as given, larger firms tend to have less flexible wages and produce entrepreneurs of higher quality than small firms.
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Firm size, bank size, and financial development [PDF]
Journal of Economic Dynamics and Control, 2017 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire +2 more sources
Firm Size and Innovation in European Manufacturing [PDF]
Small Business Economics, 2007 The paper investigates the differences between small, medium-sized and large firms regarding their perfor- mance 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 ...
PIANTA M., VAONA A
openaire +6 more sources