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Firm growth is an essential feature of market economies, shaping together macroeconomic performance and the evolution of industry structures. As a potential indicator of organizational "fitness" within a competitive environment, firm growth is also a central concern to both the practice and...
Persistent link: https://www.econbiz.de/10012007050
This paper investigates the contribution of high-growth firms (HGFs) to aggregate productivity growth. Four stylized … facts emerge. First, HGFs mainly contribute to productivity growth during their high-growth phase but not afterwards. Second … productivity depends on how HGFs are defined. Output-based HGFs substantially outperform employment-based ones in terms of their …
Persistent link: https://www.econbiz.de/10012439775
efforts are affecting the dynamic relationship between environmental efficiency and economic productivity, turning it from an …
Persistent link: https://www.econbiz.de/10008799164
the new exposure to fluctuating rates of exchange, interest and inflation. China has recently adopted a version of the … stakeholders of the firm in a way that should foster further economic growth in China. -- International Financial Reporting …
Persistent link: https://www.econbiz.de/10003757004
productivity, employment generation, and exit rates. We feed these empirical results into an agnostic firm dynamics model to … that substantial gains in aggregate employment and productivity can be made through policies that benefit high …
Persistent link: https://www.econbiz.de/10014081988
terms of productivity, employment generation, and exit rates. Feeding these empirical results into an agnostic firm dynamics … startups. We find that substantial gains in aggregate employment and productivity can be reaped through policies that benefit …
Persistent link: https://www.econbiz.de/10013295388
productivity, employment generation, and exit rates. We feed these empirical results into an agnostic firm dynamics model to … that substantial gains in aggregate employment and productivity can be made through policies that benefit high …
Persistent link: https://www.econbiz.de/10013404285
Persistent link: https://www.econbiz.de/10014490636
This paper investigates whether financial obstacles, and, more generally, financial pressure faced by firms, significantly affect firm growth. For this purpose, we use an unbalanced panel of about 1,000,000 observations for around 155,000 non-financial corporations in five euro area countries....
Persistent link: https://www.econbiz.de/10014211011
While many theories of accounts payable and receivable are related to firm performance, there has not been a direct test whether firms actively use them to manage their growth. We argue that it is not just the accounts payable but also the accounts receivable that matter. While the former help...
Persistent link: https://www.econbiz.de/10013089462