The aim is to analyse the efficiency of the board of directors as a corporate governance mechanism. For this purpose, we examine the effect of board composition, size, activity, leadership structure and CEO tenure on firm performance. To test our hypothesis we use a sample of 307 Spanish SMEs,...

Current economic crisis adversely affects small businesses. Such influence prevents creation of new companies and increases the quantity of companies, which wind up their operations. Winding-up of small businesses is often explained by insufficient "entrepreneurship talent" of their owners. At...

Article is devoted to the continuation of the study hypotheses on the relationship between marketing and life cycle of a small business. Some results of studies of small innovative companies in the Russian Federation: Moscow and St. Petersburg, Moscow, Novgorod, Novosibirsk, Sverdlovsk, Tomsk,...

Article is devoted to marketing innovation in small business. The article notes the lack of marketing in small business. Indicates the focus on turning a small business into a major consumer of innovations. The necessity of state support for the creation of marketing.

Costs are in all aspects of each company. Some of the most noticeable costs of business are the costs associated with storage, transportation and distribution the products of the company. In this case a significant impact on reducing these costs is to use the services of logistics centers,...

In this paper we analyze the determinants of access to external financing, with special reference to the crisis and its effects on the financial resources of SMEs in Spain. In this sense, we carried out an empirical study to diagnose the trajectory in the period between 2009 and 2011. In...

In the world of work, the political transition created a difficult situation in Hungary, which has become even less favourable in the 2010s. The employees are exposed to numerous infringements. The case study presented at the previous MEB conferences and continued herein shows the vulnerability...

Due to the different geo-morphological, climatic, economic and social factors, Serbia represents a very heterogeneous area with specific historical legacies that are hard to overcome. Therefore, the regional specificities represent a starting point for planning the development of the economy as...

This paper presented the overview of the human resource practices in small and medium enterprises. The nature and importance of small and medium sized enterprises (SMEs) sector in Pakistan’s economy is unparallel. Hence this paper discussed the general views of the SMEs operating in Pakistan,...

Small and medium–sized enterprises play an important role in the economy in Europe. Consequently, their contribution to the realisation of sustainable development is also important. After briefly discussing the role of Corporate Social Responsibility in “getting closer to” sustainable...