Firm Size and Entrepreneurial Characteristics : Evidence from the SME Sector in Argentina

• Tác giả: Justo de Jorge Moreno
• Ngôn ngữ: eng
• Ký hiệu phân loại: 016.98 Bibliographies and catalogs of works on specific subjects or in specific disciplines
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 323227
• Chủ đề: 1. Corporate Finance and Governance O160; 2. Economic Development: Financial Markets; 3. Entrepreneurship L260; 4. Firm Performance: Size, Diversification, and Scope L250; 5. Saving and Capital Investment

Tóm tắt

This study investigates the determinants of firm size. Data was collected in face-to-face structured-questionnaire interviews of 1314 firm founders from 14 counties in Argentina. Quantile regression was used as a more suitable methodology to measure the determinants of firm size. Our results show that the main sets of explanatory variables related to founder characteristics (age, experience, education, and vocation) provide a full explanation of firm size. We have also found evidence that a high degree strategic planning and a better competitive position are positively related to firm size as well. Finally, environmental factors were less representative.