IS THE FIRM SIZE DETERMINANT OF FIRM GROWTH IN SLOVAKIA?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F18%3AN0100126" target="_blank" >RIV/71226401:_____/18:N0100126 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
IS THE FIRM SIZE DETERMINANT OF FIRM GROWTH IN SLOVAKIA?
Original language description
The paper focuses on the examination of the relationship between firm size and firm growth for the companies in Slovakia during years 2009 – 2016. The aim of the article is to investigate the validity of Gibrat’s law (Law of proportionate effect), so if the firm growth is a stochastic process resulting from a lot of unobserved random variables and firm growth is independent of the firm size. For measuring company size, it was used three number of employees. This firm size indicator is most often used in studies dealing with Law of proportionate effect. The data are taken from Amadeus database. We focused on the sample of profit industries – sectors A-N according to CZ-NACE classification. In individual years, the research sample includes 20% of all companies doing business in Slovakia. The validity of Gibrat’s law was tested with the help of the linear regression model with the first-order autoregressive process. We found that firm growth is dependent on firm size, large companies grow more slowly than smaller ones.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
5th INTERNATIONAL MULTIDISCIPLINARY SCIENTIFIC CONFERENCE ON SOCIAL SCIENCES AND ARTS SGEM 2018, CONFERENCE PROCEEDINGS, VOLUME 5
ISBN
978-619-7408-65-2
ISSN
2367-5659
e-ISSN
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Number of pages
6
Pages from-to
563-568
Publisher name
STEF92 Technology Ltd.
Place of publication
Sofia
Event location
Albena, Bulgaria
Event date
Aug 26, 2018
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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