IS THE FIRM SIZE DETERMINANT OF FIRM GROWTH IN SLOVAKIA?

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

IS THE FIRM SIZE DETERMINANT OF FIRM GROWTH IN SLOVAKIA?

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

IS THE FIRM SIZE DETERMINANT OF FIRM GROWTH IN SLOVAKIA?

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

6

Strana od-do

563-568

Název nakladatele

STEF92 Technology Ltd.

Místo vydání

Sofia

Místo konání akce

Albena, Bulgaria

Datum konání akce

26. 8. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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