Similar Search Results

Free Trade, Business Strategy and Globalization

Reid, Gavin C - Centre for Research into Industry, Enterprise, Finance … - 2000

This paper links the economist's analysis of free trade with the business strategist's analysis of the forces behind the globalization of competition. It argues that, although the drive to globalization may seem different from the seeking of superior outcomes in competitive markets, this may be...

Persistent link: https://www.econbiz.de/10005696998

Accounting for Risk: developing a new research agenda for risk appraisal in high-technology ventures

Reid, Gavin C; Smith, Julia A - Centre for Research into Industry, Enterprise, Finance … - 1999

This work concerns the development of new methods of accounting for risk in high-technology ventures. The paper enquires into attitudes to risk and skills at risk management, in the relationship between high-technology firms and their venture capital backers. The basic prescription behind the...

Persistent link: https://www.econbiz.de/10005807924

New Business, New Life; A Perspective on Business and Economics, with Ilustrations from Small Business Inception

Reid, Gavin C - Centre for Research into Industry, Enterprise, Finance … - 1998

The theme of this paper is developed in three parts. The first is concerned with methodology. The case is argued for a 'grounded' approach to the analysis of business economics. The second is concerned with intellectual history. It argues that the great economists, such as Smith, used this...

Persistent link: https://www.econbiz.de/10005696995

Capital Structure at Inception and the Short-Run Performance of Micro-Firms

Reid, Gavin C - Centre for Research into Industry, Enterprise, Finance … - 1996

This paper examines the financial structure and performance of a sample of 150 young micro-firms. Their average age is one and a half years; and their average size is three full-time employees. Short-run performance is measured over one year, in terms of continuing to trade, and the evidence is...

Persistent link: https://www.econbiz.de/10005697005

Information System Development in the Small Firm: tests of contingency, agency and markets & hierarchies approaches

Reid, Gavin C; Smith, Julia A - Centre for Research into Industry, Enterprise, Finance … - 1999

This paper is designed to explore the nature of information system development in small and medium sized enterprises (SMEs), by appeal to three theories: contingency, agency and markets vs hierarchies. To address these theories empirically, use is made of new data which have been gathered from a...

Persistent link: https://www.econbiz.de/10005697010

Dynamics of Small Business Financial Structure

Reid, Gavin C - Centre for Research into Industry, Enterprise, Finance … - 1997

A dynamic theory of the small firm is expounded, assuming entrepreneurs maximise business value over a finite time horizon. Its predicted trajectories for key financial variables depend on which of debt and equity are cheaper. The predictions are compared with empirical evidence constructed from...

Persistent link: https://www.econbiz.de/10005671114

Information System Development in the Small Firm

Reid, Gavin C - Centre for Research into Industry, Enterprise, Finance … - 2000

This paper argues that the informational requirements for good decision making in small and medium sized enterprises (SMEs) are complex and adaptive. It identifies the basic information needs of the SME, and considers how information is used to guide decisions. It argues that accounting...

Persistent link: https://www.econbiz.de/10005673148

Divestitures, privatization and corporate performance in emerging markets

Hanousek, Jan; Kočenda, Evžen; Svejnar, Jan - 2009

We use new firm-level data to examine the effects of firm divestitures and privatization on corporate performance in a … rapidly emerging market economy. Unlike the existing literature, we control for accompanying ownership changes and the fact …'s profitability but do not alter its scale of operations, while the effect of privatization depends on the resulting ownership …

Persistent link: https://www.econbiz.de/10009477561

Spinoffs, Privatization and Corporate Performance in Emerging Markets

Hanousek, Jan; Kocenda, Evzen; Svejnar, Jan - EconWPA - 2004

We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … control for accompanying ownership changes and the fact that spinoffs and ownership are endogenous variables. We find that … spinoffs increase the firmâ€™s profitability but do not alter its scale of operations, while the effect of privatization …

Persistent link: https://www.econbiz.de/10005077066

Do Institutions, Ownership, Exporting and Competition Explain Firm Performance? Evidence from 26 Transition Countries

Commander, Simon; Svejnar, Jan - Institute for the Study of Labor (IZA) - 2007

We analyze a large stratified random sample of firms that provide us with measures of performance and each firm’s top manager’s perception of the severity of business environment constraints faced by his/her firm. Unlike most existing studies that rely on external and aggregated proxy...

Persistent link: https://www.econbiz.de/10005822639