IDEAS home Printed from https://ideas.repec.org/a/ags/aolpei/245886.html

Firm Size as a Determinant of Firm Performance: The Case of Swine Raising

Author

Listed:
  • Kuncová, M.
  • Hedija, V.
  • Fiala, R.

Abstract

The aim of the paper is to evaluate the effect of firm size to the economic performance of firm belonging to the raising of swine sector (CZ-NACE 01.460). The economic performance is assessed using multiple- criteria evaluation of alternatives methods where the selected coefficients of the profitability ratios, labour productivity and operating ratio are used as the indicator of economic performance. To assess the relationship between firm size and firm performance, the linear regression model is used. The study uses data collected from the database Albertina CZ Gold Edition for the year 2013 that are provided by Bisnode company and from Business Register. The results showed that the larger firms reached higher economic performance compared with smaller ones. These finding indicates that economies of scale are likely to play an important role in sector of raising swine.

Suggested Citation

  • Kuncová, M. & Hedija, V. & Fiala, R., . "Firm Size as a Determinant of Firm Performance: The Case of Swine Raising," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 8(3), pages 1-13.
    • Handle: RePEc:ags:aolpei:245886
    DOI: 10.22004/ag.econ.245886
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/245886/files/agris_on-line_2016_3_kuncova_hedija_fiala.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.245886?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Lai, Young-Jou & Liu, Ting-Yun & Hwang, Ching-Lai, 1994. "TOPSIS for MODM," European Journal of Operational Research, Elsevier, vol. 76(3), pages 486-500, August.
    2. Sandra Gottschalk & Michaela Niefert, 2013. "Gender differences in business success of German start-up firms," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 18(1), pages 15-46.
    3. G. Agiomirgianakis & F. Voulgaris & T. Papadogonas, 2006. "Financial factors affecting profitability and employment growth: the case of Greek manufacturing," International Journal of Financial Services Management, Inderscience Enterprises Ltd, vol. 1(2/3), pages 232-242.
    4. Coad, Alex & Segarra, Agustí & Teruel, Mercedes, 2013. "Like milk or wine: Does firm performance improve with age?," Structural Change and Economic Dynamics, Elsevier, vol. 24(C), pages 173-189.
    5. Carl F. Fey & Daniel R. Denison, 2003. "Organizational Culture and Effectiveness: Can American Theory Be Applied in Russia?," Organization Science, INFORMS, vol. 14(6), pages 686-706, December.
    6. G Tomas M Hult & David J Ketchen & David A Griffith & Brian R Chabowski & Mary K Hamman & Bernadine Johnson Dykes & Wesley A Pollitte & S Tamer Cavusgil, 2008. "An assessment of the measurement of performance in international business research," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 39(6), pages 1064-1080, September.
    7. James G. March & Robert I. Sutton, 1997. "Crossroads---Organizational Performance as a Dependent Variable," Organization Science, INFORMS, vol. 8(6), pages 698-706, December.
    8. Mugera, Amin W. & Langemeier, Michael R., 2011. "Does Farm Size and Specialization Matter for Productive Efficiency? Results from Kansas," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 43(4), pages 515-528, November.
    9. Roman Fiala & Veronika Hedija, 2015. "The Relationship Between Firm Size and Firm Growth: The Case of the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 63(5), pages 1639-1644.
    10. Cooper, Arnold C. & Gimeno-Gascon, F. Javier & Woo, Carolyn Y., 1994. "Initial human and financial capital as predictors of new venture performance," Journal of Business Venturing, Elsevier, vol. 9(5), pages 371-395, September.
    11. Gerald W. Evans, 1984. "An Overview of Techniques for Solving Multiobjective Mathematical Programs," Management Science, INFORMS, vol. 30(11), pages 1268-1282, November.
    12. Carl F. Fey & Daniel R. Denison, 2003. "Organizational Culture And Effectiveness: Can American Theory Be Applied In Russia?," William Davidson Institute Working Papers Series 2003-598, William Davidson Institute at the University of Michigan.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sari, Dyah Wulan & Restikasari, Wenny & Ajija, Shochrul Rohmatul & Tarbiyah Islamia, Haura Azzara & Muchtar, Darmawati, 2021. "The Impacts of Foreign Direct Investment and Export Expansion on the Performance of the High-Tech Manufacturing Industry," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 55(2), pages 91-105.
    2. Gianni Onesti & Eleonora Monaco & Riccardo Palumbo, 2022. "Assessing the Italian Innovative Start-Ups Performance with a Composite Index," Administrative Sciences, MDPI, vol. 12(4), pages 1-18, December.
    3. Putri, Indah Ayu Johanda, 2023. "Growth, Intellectual Capital, Financial Performance And Firm Value : Evidence From Indonesia Automotive Firms," OSF Preprints z53mf, Center for Open Science.
    4. Mohammad Yousefian & Marc Bascompta & Lluís Sanmiquel & Carla Vintró & Nor Sidki-Rius, 2024. "Corporate social responsibility and total factor productivity: the case of European mining industry," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 37(1), pages 149-161, March.
    5. Baiju Pallayil & Sunil Kumar Ambrammal, 2022. "Size and performance of Indian manufacturing firms: new evidence from dynamic panel system GMM approach," SN Business & Economics, Springer, vol. 2(12), pages 1-22, December.
    6. Dwi Asih Surjandari & Lela Nurlaela Wati, 2020. "Dividend Policy, Economic Value Added, Market β, Firm Size and Stock Return," Accounting and Finance Research, Sciedu Press, vol. 9(3), pages 1-53, August.
    7. Massimiliano Cerciello & Francesco Busato & Simone Taddeo, 2023. "The effect of sustainable business practices on profitability. Accounting for strategic disclosure," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 802-819, March.
    8. Kahihu Peter Karugu & Wachira D. Muturi & Stephen M. A. Muathe, 2020. "Market Risks, Firms’ Size and Financial Performance: Reality or Illusion in Microfinance Institutions in Kenya," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 12(11), pages 118-118, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Domurath, Anne & Patzelt, Holger & Liebl, Andreas, 2020. "Does negative feedback impact new ventures' organizational identity? The role of founding teams' human capital and feedback source," Journal of Business Venturing, Elsevier, vol. 35(3).
    2. Tahira Rasheed & Arshad Zaheer & Sadaf Manzoor, 2021. "Do Narcissists Tend to Reduce Interpersonal Conflicts in Organizations? The Effects of Abusive Supervision on Ostracism and Interpersonal Conflicts," Journal of Economics and Behavioral Studies, AMH International, vol. 12(6), pages 43-58.
    3. Muhammad Imran Hanif & Muhammad Shahzad Hani & Asif Kamran & Rabia Khan & Shao Yunfei, 2016. "Knowledge Sharing And Innovation Performance Affected By Hr Generic Strategies: An Empirical Study Of Smes In China And Pakistan," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 12(1), pages 272-306.
    4. Bruce W. Stening & Daniel W. Skubik, 2007. "Do international management researchers need a code of ethics?," Management International Review, Springer, vol. 47(1), pages 103-126, February.
    5. Ruth Wanjiku Muriithi & Teresia Kyalo & Josphat Kinyanjui, 2019. "Entrepreneurial Orientation, Organisational Culture Adaptability And Performance Of Christian Faith-Based Hotels In Kenya," International Journal of Entrepreneurial Knowledge, Center for International Scientific Research of VSO and VSPP, vol. 7(1), pages 31-45, June.
    6. Horie, Norio & Kumo, Kazuhiro & 雲, 和広, 2019. "Socialist Legacies and Human Resource Management in European Transition Economies : An Analytical Survey," CEI Working Paper Series 2019-7, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    7. Ammar Ahmed & Umair Ahmed & Abdussalaam Iyanda Ismail & Yasir Rasool & Mustajab Ahmed Soomro, 2025. "Organizational Performance in Banking Sector of Pakistan: Assessing the Impacts of Strategic Orientation and Organizational Culture," Global Business Review, International Management Institute, vol. 26(4), pages 968-987, August.
    8. Marcus Box & Tommy Larsson Segerlind, 2018. "Entrepreneurial Teams, Gender, and New Venture Survival: Contexts and Institutions," SAGE Open, , vol. 8(2), pages 21582440187, May.
    9. Gayoung Kim & Woo Jin Lee & Hoshik Shim, 2022. "Managerial Dilemmas and Entrepreneurial Challenges in the Ambidexterity of SMEs: A Systematic Review for Execution System," Sustainability, MDPI, vol. 14(24), pages 1-22, December.
    10. Mathew, Jossy & Ogbonna, Emmanuel & Harris, Lloyd C., 2012. "Culture, employee work outcomes and performance: An empirical analysis of Indian software firms," Journal of World Business, Elsevier, vol. 47(2), pages 194-203.
    11. Wissal Affes & Habib Affes, 2022. "Business Model and Firm Performance in Tunisian Firms: a Mediated Moderation Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 2822-2839, December.
    12. Mohamed M. Mostafa, 2023. "A one-hundred-year structural topic modeling analysis of the knowledge structure of international management research," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(4), pages 3905-3935, August.
    13. Rudolf Kampf & Silvia Lorincová & Miloš Hitka & Ondrej Stopka, 2017. "Generational Differences in the Perception of Corporate Culture in European Transport Enterprises," Sustainability, MDPI, vol. 9(9), pages 1-14, September.
    14. Bystrova, Y. & Shirokova, G., 2015. "Organizational changes and firm performance: Evidence from Russian new ventures," Working Papers 6417, Graduate School of Management, St. Petersburg State University.
    15. Bat Batjargal, 2000. "Social Capital and Entrepreneurial Performance in Russia: A Panel Study," William Davidson Institute Working Papers Series 352, William Davidson Institute at the University of Michigan.
    16. Maxat Aitimbetov & Dinmukhamed Kelesbayev & Gulzhamal Koptayeva & Gulshat Zhadigerova & Assylkhan Tursyn & Aripkhan Sadykov, 2024. "Clustering Universities According to Performance Indicators and Determination of Organizational Culture Types in Clusters," International Review of Management and Marketing, Econjournals, vol. 14(6), pages 46-54, October.
    17. Muhammad Sadiq Shahid, PhD & Dr. Faid Gul & Muhammad Rizwan & Muhammad Hassan Bucha, PhD, 2016. "Ownership Structure, Board Size, Board Composition And Dividend Policy: New Evidence From Two Emerging Markets," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 12(1), pages 12-12.
    18. Francesco Quatraro & Marco Vivarelli, 2015. "Drivers of Entrepreneurship and Post-entry Performance of Newborn Firms in Developing Countries," The World Bank Research Observer, World Bank, vol. 30(2), pages 277-305.
    19. Joyce Wanjiku Nderitu & Esther Waiganjo & George O. Orwa, 2021. "Evaluating effect of organizational culture on strategy implementation in private chartered universities in Kenya," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(2), pages 123-133, March.
    20. Akhtar, Ch. Shoaib & Awan, Sajid Hussain & Naveed, Shaheryar & Ismail, Kamariah, 2018. "A comparative study of the application of systems thinking in achieving organizational effectiveness in Malaysian and Pakistani banks," International Business Review, Elsevier, vol. 27(4), pages 767-776.

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aolpei:245886. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/fevszcz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.