The inverted U relationship between green innovative activities and firms’ market-based performance: The impact of firm age

Technovation ◽  
2021 ◽  
pp. 102372
Author(s):  
Dante I. Leyva-de la Hiz ◽  
María Teresa Bolívar-Ramos
Keyword(s):  
Firm Age ◽  
The Impact

scholarly journals Do profitable start-up firms grow faster? Evidence from Colombia

2018 ◽  
Vol 37 (75) ◽  
pp. 727-754
Author(s):  
Yuji Honjo
Keyword(s):  
Firm Growth ◽  
Sales Growth ◽  
Firm Age ◽  
Start Up ◽  
Using Data ◽  
The Impact ◽  
The Relationship

This study explores the impact of profitability on the growth of start-up firms. Using data on start-up firms in Colombia, we examine the relationship between firm growth and profitability. We provide evidence that start-up firms with higher profitability increase their total assets. However, we find little evidence that profitability positively affects sales growth for start-up firms. In contrast, the results provide support for the notion that profitability is derived from sales growth. Furthermore, we find that firm growth depends heavily on firm age during the start-up stage.

scholarly journals Pengaruh Kepemilikan Institusional, Ukuran Dan Umur Perusahaan Terhadap Kinerja Intellectual Capital Industri Keuangan di BEI

2018 ◽  
pp. 1799
Author(s):  
Ainun Roviko ◽  
I Gusti Ngurah Agung Suaryana
Keyword(s):  
Firm Size ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Institutional Ownership ◽  
Firm Age ◽  
Financial Industry ◽  
Financial Report ◽  
The Impact

Evaluate performance intellectual capital of company is an important thing because this will contribute to the company competitive advantage in the future. This study aims to obtain empirical evidence of the impact institutional ownership, firm size and firmage on intellectual capital performance financial industry listed on Indonesian Stock Exchange 2015-2017.Intellectual capital performance measured by VAICTM. This research used non- probability sampling technique with purposive sampling method and 37 company as a sample and 111 observation. Secondary data obtained from the annual financial report of the financial industry. The result of this research indicate that institutional ownership hasnot affecting the intellectual capital performance. The result of this search also indicate that firm size and firm age has a positive effect on intellectual capital performance. Keywords : Institutional ownership, size and firm age, financial industry, intellectual capital.

Entrepreneurial marketing behaviours: impact of firm age, firm size and firm’s founder

2016 ◽  
Vol 18 (1) ◽  
pp. 127-145 ◽  
Author(s):  
Pitsamorn Kilenthong ◽  
Claes M. Hultman ◽  
Gerald E. Hills
Keyword(s):  
Firm Size ◽  
Latent Variables ◽  
Small Firms ◽  
Firm Age ◽  
Structured Interviews ◽  
Systematic Relationship ◽  
Content Type ◽  
Entrepreneurial Marketing ◽  
Large Survey ◽  
The Impact

Purpose The purpose of this paper is to empirically test whether a systematic relationship exists between firms’ level of entrepreneurial marketing (EM) behaviours and firms’ characteristics, including firm age, firm size and firm’s founder. Design/methodology/approach This paper quantitatively investigates EM behaviours from data collected from 752 business owners through structured interviews. The data analysis applied was multi-group confirmatory factor analysis (multi-group CFA). Findings Results from the analysis show that not all of the firms’ characteristics determine firms’ level of EM practice. The level of EM behaviours has a systematic relationship with firms’ age but not with the founding status of the firms’ manager. The impact of firm size on the level of EM behaviours is evident only when the firms’ age is taken into account. Research limitations/implications This paper concludes that relationships between EM behaviours and firm characteristics are more complicated than anticipated. Firms’ characteristics alone may not be a good measure for identifying the level of a firm’s EM. EM cannot be conceptualized solely in relation to the activities of small firms, young firms or founder-operated firms. Originality/value This paper examines EM behaviours in a large survey and uses multi-group CFA to examine firms’ EM practice through latent variables, instead of observed variables. The findings should complement knowledge regarding the EM concept generated from existing literature.

Are strategic orientations and managerial characteristics drivers of performance in the US wine industry?

2018 ◽  
Vol 30 (1) ◽  
pp. 42-57 ◽  
Author(s):  
Armand Gilinsky ◽  
Sandra Newton ◽  
Robert Eyler
Keyword(s):  
Organizational Structure ◽  
Firm Size ◽  
Wine Industry ◽  
Firm Age ◽  
Content Type ◽  
Staffing Levels ◽  
Strategic Orientations ◽  
The Us ◽  
The Impact ◽  
Profit Growth

Purpose The purpose of this study is to investigate the impact of strategic orientations and managerial characteristics on the performance of wine businesses in the US wine industry. Also considered is the power of firm size as measured by production and firm age since founding, as moderating variables that could attenuate or heighten their impact. Design/methodology/approach Data were gathered via an online survey, where 306 representatives of the US wineries responded. Data are analyzed using descriptive statistics, multinomial logistic regression, cross-tabulations and Pearson chi-square (χ2) analysis. Findings Wine businesses that reported increased sales and profits over the previous three years made significant changes to organizational structure and staffing levels. Wineries that reported flat or decreasing sales and profits were less apt to make changes in organizational structure or staffing levels. Firm age was found to mediate performance in terms of incremental sales and profit growth; firm size was found to mediate only incremental profit growth. Practical implications Developing skills in marketing, strategic planning and entrepreneurial thinking to build a defensible industry position and to create the staffing and structure to support that position appear to be of great importance to wine businesses. Originality/value This study develops and tests a model investigating how firm size and age impact strategic orientations and managerial characteristics on the performance of the US wine businesses. This study investigates which strategic orientations and managerial characteristics wine businesses need to be successful in the future.

scholarly journals The Determinants of Human Resource Disclosures in ASEAN

2021 ◽  
Vol 10 (1) ◽  
pp. 55-61
Author(s):  
Arina Adila ◽  
Indah Fajarini Sri Wahyuningrum
Keyword(s):  
Human Resource ◽  
Firm Size ◽  
Stock Exchange ◽  
Firm Age ◽  
Board Size ◽  
Size Firm ◽  
The Mean ◽  
Asean Countries ◽  
And Gender ◽  
The Impact

This paper aims to determine the level of Human Resource Disclosure (HRD) in ASEAN and to examine the impact of firm size, firm age, auditor type, profitability, board size, and gender on HRD. The population of this study was banking companies listed on the Indonesian Stock Exchange (IDX), Philippines Stock Exchange (PSE), The Stock Exchange of Thailand (SET), Bursa Malaysia (Bursa), and Singapore Exchange (SGX) in 2018. The purposive sampling method was used in this study so that obtained 77 banking companies. Multiple linear regression with SPSS 21 was used in this study. The results showed that the mean level of human resource disclosure in ASEAN was 77%. Independent variables of firm size and auditor type have significant and positive influences on HRD. Board size has a negative and significant influence on HRD while firm age, profitability, and gender have insignificant effects. The summaries of this research are the mean level of HRD classified in high. Firm size, auditor type, and board size have significant effects on HRD while firm age, profitability, and gender have insignificant effects. The Absence of HRD level research in ASEAN countries makes this research important to study. Keywords: Human Resource Disclosure; Firm Size; Firm Age; Auditor Type; Profitability; Board Size; Gender

scholarly journals The Impact of Capital Structure on Profitability of Egyptian MSMEs in the Period From 2016 to 2019

2021 ◽  
Vol 11 (1) ◽  
pp. 24
Author(s):  
Eslam Saadallah ◽  
Amr Abdel Aziz ◽  
Aiman Ragab ◽  
Ashraf Salah
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Small Businesses ◽  
Annual Reports ◽  
Small Samples ◽  
Debt Ratio ◽  
Firm Age ◽  
High Interest Rate ◽  
Equity Ratio ◽  
The Impact

MSMEs are essential for economic development for they act as employment engines, aid poverty alleviation and amplify broad-based economic growth. This research focuses on the impact of capital structure on Egyptian MSMEs profitability.This dissertation utilizes a quantitative approach in research. Secondary data is used in this study via using the annual reports of 360 MSMEs in Egypt in the period from 2016 to 2019 (120 micro enterprises, 120 small enterprises and 120 medium enterprises). Data was collected for the research variables: capital structure represents the independent variable; it is measured by debt ratio and equity ratio. Profitability of MSMEs represents the dependent variable, it is measured by return on assets, return on equity and net profit margin. Firm size and firm age represent the control variables. As far as micro samples and small samples were concerned, it was found that there was a significant negative correlation between Debt ratio and ROE, ROA and NPM. However, it was found that there was a highly significant positive correlation between Equity ratio and ROE, ROA and NPM. This result tends to support the pecking order theory of micro and small businesses capital structure in Egypt which postulates that internal sources of financing are better than external sources in the case of high interest rate due to the high costs of financing. In regards to medium firms, it was found that there was a positive significant correlation between debt ratio and ROE, ROA and NPM. On the other hand, it was found that there was a negative significant correlation between Equity ratio and ROE, ROA and NPM. This result tends to support the tradeoff theory of Medium businesses capital structure in Egypt. Concerning firm age, it was found that smaller aged firms have better rates of profitability than large aged ones. Regarding firm size, it was found that smaller sized firms have better rates of profitability than large sized ones.

scholarly journals Development of interfirm network management activities: The impact of industry, firm age and size

2015 ◽  
Vol 22 (2) ◽  
pp. 186-204 ◽  
Author(s):  
Maria Ripollés ◽  
Andreu Blesa
Keyword(s):  
Life Cycle ◽  
Network Management ◽  
Structural Characteristics ◽  
Life Cycle Stage ◽  
Firm Age ◽  
Management Activity ◽  
Industrial Environment ◽  
Interfirm Network ◽  
And Performance ◽  
The Impact

AbstractThis article investigates the structural characteristics of firms that promote activities involving partners who coordinate with each other to achieve common or individual goals. The article also aims to verify empirically whether these activities generate advantages for companies embedded in relationships by examining the effects of industry, age and size on interfirm network management activities in a sample of Spanish companies operating in several industries and belonging to networks. The results show differences according to the life cycle stage: growth or maturity. Only the relation between interfirm network management activity and performance has been confirmed in both samples. The findings point to the need to consider the industrial environment when analysing firms’ networking decisions because the situations they face differ in mature or growing industries.

The impact of screening criteria on entrepreneurship research

2008 ◽  
Vol 11 (1) ◽  
pp. 27-38
Author(s):  
Gregory B. Murphy ◽  
Robert Hill
Keyword(s):  
Firm Size ◽  
Firm Growth ◽  
Theory Development ◽  
Manufacturing Firms ◽  
Direct Impact ◽  
Firm Age ◽  
Screening Criteria ◽  
Entrepreneurship Research ◽  
Size Firm ◽  
The Impact

Entrepreneurship researchers use various types of screening criteria to select samples for study. In that selecting these criteria is, in effect, choosing a definition or model of entrepreneurship, the consequences are immense and have had a direct impact on the generalizability of research and theory development in our field. The purpose of this study is to help entrepreneurship researchers better understand these consequences and, thereby, improve our understanding of entrepreneurial phenomenon. Four of the most commonly used screening criteria are included in this study: firm age, firm size, firm growth, and innovation. Based on a sample of 368 manufacturing firms, the results indicate that few firms fit all or even most of the considered screening criteria and independent-dependent variable relationships vary considerably by screening criteria selection.

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