Kumar, Krishna; Rajan, Raghuram G.; Zingales, Luigi - National Bureau of Economic Research (NBER) - 1999
Motivated by theories of the firm, which we classify as technological' or organizational,' we analyze the determinants … of firm size across industries and across countries in a sample of 15 European countries. We find that, on average, firms … development, such as greater judicial efficiency, seems to be correlated with lower dispersion in firm size within an industry …