The macroeconomic environment is an important determinant of firm performance. Nevertheless, many firms are simplistic in the approach they use to identify, analyze and create strategies for managing the vital relationship between intrinsic competitiveness and macroeconomic fluctuations. Few...

This article investigates the relationship between corruption and firm performance in Greece using firm level data. Corruption is overall negatively associated with firm size and growth at the firm level. We focus on the effect of ‘administrative corruption', whereby firms engage in corrupt...

We investigate empirically how outside directors on supervisory boards influence innovative performance of the firms they monitor. Based on panel data of the largest German companies the econometric analysis shows a robust and significant positive influence of external executives on innovative...

This study analyzes alliance between Technology Based Firms (TBF) as a strategy to obtain strategic resources. Taking as reference the model from Vohora et al (2004), who determined that the TBFs perform better when they rely on strategic alliances at critical transitions in their stages of...

This paper develops the concept of CSR reputation (CSRR) both theoretically and empirically. The first part examines the literature on CSR reputation extensively in an attempt to develop both a qualitative and a quantitative interpretation to measure CSR reputation. A sample of 2447 firms...

The role of owner-family members as internal monitors of firm performance has been largely neglected in family business studies so far. While family management of firms does not lead to clear performance improvements, accounting research has shown that families are better monitors. In this...

In Corporate Social Responsibility literature, the empirical evidence indicates that adopting a social responsibility program increases firm's financial performance. However, in Mexico few firms are involved in responsible programs and there is little knowledge about their impact in financial...

The goal of the paper is an evaluation of the performance of manufacturing branches of the Polish economy. Two approaches have been applied. In the first approach data from state statistical reports have been used. Single variables have been combined into the composite indicator, which has...

The major claim of this article is twofold, that is, that fixed assets in small manufacturing enterprises in developing countries have to be seen with respect to two roles. The first is capital intensity. The second is the collateral value of these assets. The former is associated with the small...

The purpose of this report is to contribute to a better understanding of American business startups and their dynamics. The report includes sample data analysis based on the Kauffman Firm Survey (KFS), a panel study created using a stratified random sample of all startups in 2004 from the Dun &...