small and medium size firms have major influence on job creation. some researchers, believe most of the new jobs are created in existed firms rather than newly established ones. growth management, could be the most important tactic for the firms future success. although it has many advantages for the firm, growth process faces some challenges. in this research, these challenges were identified,...

this paper talks about the measurement of efficiency and productivity of non-life insurance firms in india. this study is focused on twelve private non-life insurance firms and four public sector non-life insurance firms of india in the period 2008-09 to 2012-13. data envelopment analysis (dea) coupled with malmquist productivity index is used in measuring the efficiency as well as productivity...

This paper explores the leverage determinants across firms’ sizesbased on the two main theories behind the capital structure, the trade-offand the pecking order theories. A panel data is sued to find therelationship between capital structure and the variables that proxy forbenefits and costs of debt during 1990 to 2006. Our findings show thatboth principles help to explain the capital structure...

In knowledge-based economy, knowledge has a public good and non-rivalry nature. Firms build their own knowledge stock not only by means of internal R&D and collaboration with partners, but also by means of previously spilled over knowledge of other firms and public research laboratories (such as universities). Firms based on their absorptive capacity, and level of intra-industry and extra-indus...

Abstract Corporate purpose is everywhere, but will it stay? Is a business revolution or passing fad, destined to go the way of so many concepts? Reliance on good judgment and goodwill corporate leaders justifiable cause for concern, resort often sought instead in apparently safe harbor public regulation. But reliance should not be placed governments regulators alone constrain giants face system...

The respective study covers three aspects; factors determining credit rating, credit rating impact on performance of entities and the relation between stock returns and credit rating. The study focuses on the firms listed in Taiwan Stock Exchange (TSE) of Taiwan. The empirical analysis uses the data of 50 firms rated by Taiwan Ratings Corporation (TRC) for the period 2010-2015. Two estimation t...

The present study is intended to examine the effect of accounting conservatism on firms’ non-profitability in Tehran Stock Exchange in 48 unprofitable firms and 57 profitable firms over a period of seven years from 2001 to 2007. This study was conducted according to Givoly and Hayn model to measure accounting conservatism index in non-profitable and profitable) firms. Data analysis performed wi...

Despite the pervasive phenomenon of scale economies the majority of firms has always been small firms. The emergence of small firms as a means of economic development on both sides of the Atlantic has been one of the major new topics of economic policy since the 1980s. This has drawn renewed attention to the question of how small firms are able to exist. The theories of strategic niches and dyn...

despite several authors having studied the strategic approach to environmental orientation and,considering that environmental proactivity is emerging in business strategy, it still remains unclear which realactions influence a firm’s environmental orientation. an empirical analysis of a sample of 126 spanish companies shows that firms’ actions are explained as training, information and divulgat...