References in periodicals archive ?
See Jay Hummel's previous blog post, Yes, Investment-Vehicle Selection Affects Firm Growth
Using short-term data, we checked the consistency of the analytical derivation of firm growth.
This emerging stream complements the existing perspectives on expansion, which are more focused on: 1) companies' internal adaptation mechanisms, as reflected in life cycle models, and on 2) determinants and predictors of firm growth (Dobbs & Hamilton, 2006; McKelvie & Wiklund, 2010).
Consequently, firm growth creates an incentive for the owner to keep working hard and for the junior advisors to maximize their contributions to the success of the firm.
The growth rate of sales (SaleGR) is used as the indicator to measure firm growth for the following reasons: (a) TAGR, total asset growth rate, is more suitable for firms whose major assets are fixed assets.
The theoretical foundation for this paper derives from the financial and entrepreneurial literature, with the former as a base for the linkage between firm growth and the size of its financial ratios, and the latter as a foundation for the relationship between firm growth and the size of its non-financial ratios, such as productivity and cost efficiency ratios.
Many scholars have suggested that firm growth creates employment, wealth, and broad economic development.
Cooper (1993) and Davis et al (1996) have highlighted several other problems with studies focusing upon firm growth and performance.
Although Galanter and Palay have developed an intriguing model of organizational growth at corporate law firms, the exponential growth model explains law firm growth only about as well as a linear or constant growth model.
David Wanetick, Managing Director of IncreMental Advantage, will discuss the subtle factors that account for professionals in a wide variety of pursuits reaching the pinnacle of success at the Law Firm Growth Management Seminar in New York City on May 15, 2007.
Coad (Evolutionary Economics Group, Max Planck Institute of Economics, Germany) reviews the latest empirical research on firm growth and analyzes the contributions of detailed longitudinal datasets, more powerful computers and new econometric techniques to these developments.
The present paper investigates the determinants of small firm growth in Finland during the strong economic fluctuations of the years 1988-1995.