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Repercusiones de la definición de tamaño empresarial en los resultados empíricos sobre eficiencia y financiación
[Repercussions of firm size definition on empirical results for firm efficiency and financing research]

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  • Alfonso, Galindo Lucas

Abstract

A huge number of quantitative and qualitative criteria perform the research practice and legal issuing on firm size and firm-size-related measures. Inside each of those criteria, quantitative boundaries between two firm categories have also been diverse, even arbitrary. This approach to firm size concept finds out a convergence among variables —assets, market share, labour cost— with activity segment remarks (where both a traditional division and a original proposal have been used). It is demonstrated that previous founding on industry-size relations —as well as profitability or financial structure measurements— clearly depend on firm size and industry (explicative variables) definitions and also on depending variables definitions (mainly profitability).

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 4731.

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Date of creation: 05 Oct 2006
Date of revision: 05 Sep 2007
Publication status: Published in Observatorio Iberoamericano del Desarrollo Local y la Economía Social 1.1(2007): pp. 308-361
Handle: RePEc:pra:mprapa:4731

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Keywords: Firm Size definition; Industry sector definition; factorial analysis; efficiency results; financing results;

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  1. Clara Cardone-Riportella & Leonardo Cazorla-Papis, 2001. "NEW APPROACHES TO THE ANALYSIS OF THE CAPITAL STRUCTURE OF SME´s: EMPIRICAL EVIDENCE FROM SPANISH FIRMS," Business Economics Working Papers wb011003, Universidad Carlos III, Departamento de Economía de la Empresa.
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