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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]

Author

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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).

Suggested Citation

  • Alfonso, Galindo Lucas, 2006. "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
    ," MPRA Paper 4731, University Library of Munich, Germany, revised 05 Sep 2007.
  • Handle: RePEc:pra:mprapa:4731
    as

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    File URL: https://mpra.ub.uni-muenchen.de/4731/1/MPRA_paper_4731.pdf
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    References listed on IDEAS

    as
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    5. Becchetti, Leonardo & Trovato, Giovanni, 2002. "The Determinants of Growth for Small and Medium Sized Firms: The Role of the Availability of External Finance," Small Business Economics, Springer, vol. 19(4), pages 291-306, December.
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    More about this item

    Keywords

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

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • K29 - Law and Economics - - Regulation and Business Law - - - Other
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • E19 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Other
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General

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